Nok Air is planning on launching an initial public offering (IPO) in the second half of next year to raise funds for expansion to cash in on the budget air travel boom.
A Nok Air flight takes off from its Don Mueang airport base. The budget carrier plans to raise 2-3 billion baht from an IPO next year.
The budget airline's management is drawing up a plan to list for submission to the boards of Nok Air and its major shareholder Thai Airways International (THAI) in November.
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