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AirAsia still mulling IPO for Indonesian affiliate

CEO says public offer will make airline more transparent especially in light of accident

Mr Fernandes at the Sydney press conference on Wednesday. He said long-haul budget carrier Indonesia AirAsia X was reviewing safety procedures and operations although nothing had been changed as yet.


AIRASIA, Asia's largest budget carrier, is still considering an initial public offering for its Indonesia affiliate, whose Flight 8501 crashed and killed 162 people on board in December.

An IPO will make the airline more transparent, Tony Fernandes, chief executive officer...

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