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AirAsia plans Thai, Indonesia listings - paper

Forbes.com 21.11.2009 00:48

AirAsia plans Thai, Indonesia listings - paper - Thailand - Business - AirAsia - Aviation

Malaysian low cost carrier AirAsia plans to list on the Thai stock exchange and later on in Indonesia, its chief executive Tony Fernandes told the Business Times newspaper.

'The plan is to list AirAsia group in Thailand and later in Indonesia,' Fernandes told the paper in an interview published on Friday ahead of the company's third-quarter earnings.

Fernandes said the move would enable AirAsia to tap into other liquid Asian stock markets and said the airline was 'looking at issuing new shares'.

Malaysian bank CIMB recently listed in Thailand.

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