Low cost carrier AirAsia Group CEO and co-founder Tony Fernandes has announced its plans to push its Indonesian arm, PT Indonesia AirAsia, to have an initial public offering (IPO) this year.
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Volotea is aiming for an IPO in the medium term, between 2020 and 2021, according to CEO Carlos Muñoz, as part of the divestment plans by investors in the airline.
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