Asia Aviation IPO

Thai AirAsia’s controlling shareholder will raise $143 million from IPO

Robust demand for Thai AirAsia's IPO covers the international portion more than 10 times. Together with a concurrent private placement, the total deal size will reach $229 million.

<div style="text-align: left;"> AirAsia: Asia’s biggest low-cost carrier </div>

May 21, 2012

The initial public offering of Asia Aviation, the holding company of budget airline Thai AirAsia, is set to raise Bt4.49 billion ($143 million) after the price was fixed near the top end of the price range.

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