AirAsia India is planning an IPO; why it needs to be profitable before that

AirAsia in the process of appointing a banker to find a partner for our profitable and successful shared services centre, he said

Arindam Majumder  |  New Delhi 

Tony Fernandes, the group chairman of AirAsia group on Wednesday said that the company was looking for a public listing and will seek shareholders' approval for appointing bankers for the process. “AirAsia in the process of appointing a banker to find a partner for our profitable and successful shared services centre... AIRASIA will be seeking approval at the next AIRASIA India board to pick a banker to start prelim process.

Very valuable asset with huge growth potential. Analysts giving zero value to AirAsia India. Not far from 20 planes and a potential IPO,” ...

First Published: Thu, January 11 2018. 01:43 IST