Bangkok Airways Opts For Imminent IPO

Despite a slump in visiting tourist numbers and ongoing uncertainty as a result of the military takeover, Thailand’s Bangkok Airways (BA) is pressing ahead with an initial public offering (IPO) later this month.

The airline said it plans its IPO in mid-October and commence trading in early November. This should make the company the third-largest aviation operation listed on the Stock Exchange of Thailand, and if the underwriter’s projections are realized, could be the second-biggest Thai float this year at around TBH 14 million ($430 million).

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Author: David Pflieger

David Pflieger is working as the CEO of Island Air, located in Hawaii. David received his pilot training in the United States Air Force, and has since held multiple positions with different airlines, for over 20 years!

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