Philippines' AirAsia seeks to raise $250m via IPO in mid-2018

Philippines' AirAsia seeks to raise $250m via IPO in mid-2018

A member of ground staff walks under the wing of an AirAsia plane at Kota Kinabalu airport, Malaysia, November 30, 2015. REUTERS/Olivia Harris/Files

The Philippines unit of AirAsia Bhd is seeking to raise up to $250 million via an initial public offering (IPO) in mid-2018 to fund its expansion programme, its chief executive said on Tuesday.

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