Malaysia's budget airline AirAsia, which will fly its first regional route tomorrow, plans to float some 25 percent of its shares in late 2004 to fund an ambitious expansion plan and fight off competition, a top official said.

Malaysia's budget airline AirAsia, which will fly its first regional route tomorrow, plans to float some 25 percent of its shares in late 2004 to fund an ambitious expansion plan and fight off competition, a top official said.
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