airline

Will an airline company ever be able to IPO again?

Amid an unprecedented level of flight reductions, a plummet in demand, and desperate capital raising exercises, expect airline IPO’s to remain grounded as the COVID-19 pandemic reshapes the industry. We review how many are finding ways just to stay alive.

March 30, 2020

Chinese airlines fly high with A-share placements

More Chinese airlines taxi down the runway in search of fresh equity to reduce high leverage and finance expansion.

July 28, 2015

AirAsia X raises $309 million from Malaysia IPO

Despite tough market conditions worldwide, the Malaysian budget long-haul airline completes the country’s biggest IPO so far this year.

June 23, 2013

Philippine tycoon Lucio Tan mulls sale of Philippine Airlines

About a year after San Miguel invested in the airline, Tan’s group is approached by investors to sell its 51% holding.

June 12, 2013

AirAsia X launches Malaysia IPO of up to $370 million

The Malaysian low-cost, long-haul airline starts the bookbuilding for its IPO, which if successful will be the biggest in the country so far this year.

June 10, 2013

Hong Kong-listed First Pacific plans rights issue

The investment management and holding company, controlled by Indonesian tycoon Anthoni Salim, seeks to raise at least $500 million from the deal.

May 28, 2013

Investor education starts for AirAsia X’s Malaysia IPO

The Malaysian low-cost, long-haul airline seeks to raise about $250 million to $300 million. Meanwhile, Malakoff’s IPO will be delayed, potentially until the first half of 2014.

May 13, 2013

Malaysia Airlines prices rights issue of up to $1 billion

The country’s national carrier, which is majority-owned by Khazanah, sets the issue price at a discount of about 34.3% to the Terp.

April 14, 2013

JAL to return to Tokyo bourse with $8.5 billion IPO

The airline plans to re-list its shares next month, less than three years after its bankruptcy in 2010.

August 06, 2012

JAL rebounding from bankruptcy, says president

JAL president Yoshiharu Ueki, a former pilot with 35 years of experience, talks to FinanceAsia about the progress of the airline’s restructuring and its strategy.

July 17, 2012