Companies

AirAsia looks to snap losing streak with IPO of Philippine unit

Local tycoon now affiliate's single largest shareholder with 45% stake

20190604 AirAsia CEO Fernandes

AirAsia Group CEO Tony Fernandes is banking on a successful IPO in the Philippines after failing in Vietnam. © Reuters

CLIFF VENZON, Nikkei staff writer
June 6, 2019 13:23 JST

MANILA -- AirAsia Group CEO Tony Fernandes has endured a bumpy ride of late.

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