11-Feb-2011 4:53 PM
Thai AirAsia looks at listing, JetBlue traffic up 8% in Jan-2011, Vueling traffic down 5%
Analysis
Shares in AirAsia dropped 3.9%. The carrier's Thai offshoot, Thai AirAsia, announced it plans to conduct a float on the Stock Exchange of Thailand in 3Q2011, to raise funds for its expansion and repay debt. The IPO will be for at least 25% of the carrier's shares. AirAsia owns a 49% stake in the airline.
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