AirAsia eyes US listing of digital business this year - News Summed Up

AirAsia eyes US listing of digital business this year


AirAsia Group Bhd. is exploring the possibility of listing either its AirAsia Digital or AirAsia SuperApp in the U.S as early as this year, as Southeast Asia’s second-biggest budget carrier plans to expand its digital operations, the airline’s chief executive officer said. “We’ve received a lot of interest from SPACs," AirAsia Group Chief Executive Officer Tony Fernandes said in an interview, referring to special purpose acquisition companies. AirAsia announced Wednesday that it’s buying Gojek’s businesses in Thailand for $50 million through the issuance of shares in AirAsia SuperApp. AirAsia also sees big opportunities in its logistics arm Teleport, with plans to add a freighter plane in September, Fernandes said.


Source: Mint July 08, 2021 00:33 UTC



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