airlines

Each Friday afternoon starting today, FinanceAsia will pen an editorial highlighting our unique capital markets news from the past week and place them in context of the bigger picture for the months ahead. We welcome your comments and criticisms. It is the best way to start the weekend.

The IPO of Vietnam Airlines and Mondolez’s stake in a Kinh Do subsidiary shut out foreign and retail stock investors.

The budget carrier, partly owned by Singapore Airlines, plans to raise the money through a rights issue and a preferential offering of perpetual convertible bonds.

The AirAsia unit, which focuses on long-haul budget flights, is expected to raise about $250 million.

JAL fixes the price at the top of the range before its re-listing in Tokyo which is poised to become the world’s second-biggest offering so far in 2012.

The airline plans to re-list its shares next month, less than three years after its bankruptcy in 2010.

Robust demand for Thai AirAsia's IPO covers the international portion more than 10 times. Together with a concurrent private placement, the total deal size will reach $229 million.

Asia's low-cost carriers will tap debt and equity markets to fund growing market share, says J.P. Morgan transport analyst.

The total offering will include a private placement of up to $87 million, which could result in an overall deal size of as much as $232 million.