AirAsia goes after retail investors
Malaysian tycoon Tony Fernandes plans to raise up to US$300 million by listing shares in the long-haul arm of AirAsia, as early as July, a source has told AFP.
The funds will be for a mixture of activities including capital expenditure and repayment of loans.
Fernandes told AFP that a roadshow in Malaysia to promote his airline business would start in the second week of June with retail investors being his primary target.
"Going to do a much larger retail offering to give back something to the thousands of people who flew and supported us," he said in an email message.
"I will go on the road to meet retail investors," he added.
AirAsia X flies to cities in Australia, Japan and China from Kuala Lumpur.
Ian Jarrett
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.

































Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025