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AirAsia's India unit to explore IPO options, says CEO Tony Fernandes

Analysts (are) giving zero value to AirAsia India. Not far from 20 planes and a potential IPO: Fernandes

Reuters 

Malaysia-based carrier AirAsia Bhd's India unit is looking at a potential initial public offering, the group's chief executive, Tony Fernandes, said on Wednesday. The company will seek approval at AirAsia India's next board meeting to pick a banker to start the preliminary process for the IPO, Fernandes said on Twitter. "Analysts (are) giving zero value to AirAsia India. Not far from 20 planes and a potential IPO," Fernandes tweeted.   Analysts giving zero value to airaosa india. Not far from 20 planes and a potential IPO — Tony ...

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First Published: Wed, January 10 2018. 10:24 IST
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