The Manila Times

AirAsia Philippine­s to launch IPO mid-2018

- BY REICELENE JOY N. IGNACIO PHOTO FROM AIRASIA FACEBOOK PAGE

ILOILO - Low-cost carrier Philippine­s Airasia said it would launch a $250-million initial public offering in mid-2018.

Philippine­s President and Chief - dador said in a media briefing held at the Iloilo Internatio­nal Airport was originally scheduled to be launched this year but was de

[Tony will work on the Asean list

Fernandes, who heads the AirA the airline will soon be publicly listed as an Asean group either on

Comendador said proceeds from the Philippine IPO will be used for plane and hangar acquisitio­ns as well for launching new

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AirAsia Philippine­s targets to

flights to Incheon, Korea from - Philippine­s AirAsia President and CEO Dexter Comendador speaks during the launch of the Manila-Iloilo flight at the Iloilo Internatio­nal Airport. scheduled to be launched in the

- mendador said, adding that there will also be additional frequencie­s to existing routes during the

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