WHILE Asia’s biggest budget carrier AirAsia Group is eyeing an initial public offering (IPO) next year as an Asean stock, its Philippine unit is pursuing a listing this year to finance its fleet expansion.
Once the funds are available from the IPO, “it would be easy for me to lease [planes],” Captain Dexter Comendador, Philippines AirAsia president and chief executive officer, told members of the press on Friday.
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