Kazakh Airline Air Astana Considers IPO Next Year
- Talks on initial public offering still at an early stage
- Impact of Covid-19 on airline industry may make deal difficult
Photographer: NurPhoto/Getty Images
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State-owned Kazakh airline Air Astana is considering an initial public offering, according to four people familiar with the talks, who asked not to be identified as the information is not public.
The company has approached banks, although talks are still at an early stage for a share sale, the people said.