On-again, off-again plans to float Philippines AirAsia (Z2, Manila Ninoy Aquino International) via an initial public offering (IPO) are on again, according to Capital A CEO Tony Fernandes. Capital A owns 100% of the low-cost carrier. Fernandes has previously talked about an IPO, but as recently as September 2024 he said it was off the table.

“We are exploring having a direct listing on the Philippine Stock Exchange,” Fernandes told reporters earlier this month. “We might be looking at selling 20-30% once aviation is sorted…

Source: ch aviation
Read more: IPO back on the radar for Philippines AirAsia