TAA says IPO looms on the horizon | Bangkok Post: business

Thai AirAsia (TAA) will continue with its growth plan this year and press on with the delayed launch of its initial public offering despite global economic uncertainty arising partly from the European debt crisis.

TAA, the country's largest low-cost carrier in terms of passenger volume, plans to take delivery of five more A320 jets, introduce more than six additional routes, boost passenger count to surpass last year's 6.86 million, keep an 80-81% load factor and sustain profitability.

In a briefing yesterday, chief executive Tassapon Bijleveld expressed confidence the airline can weather uncertainty and achieve growth targets.