Airline News-May 1, 2015

Volga-Dnepr Airlines has renewed its IATA Operational Safety Audit (IOSA) certificate for the fifth time. AirAsia is looking to raise $300 million through an IPO for its Indonesia AirAsia subsidiary. The IPO, slated for H1 2016, would sell off 30% of the airline, which is co-owned by AirAsia (49%)...

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