Thai AirAsia X (XJ, Bangkok Suvarnabhumi) is set to go public the founder and CEO of 49% shareholder AirAsia Group has revealed.

In a series of tweets, Tony Fernandes said the longhaul low-cost specialist had "huge potential" for future growth and would be holding an IPO, presumably on the Bangkok bourse, "soon."

Of the AirAsia X family of airlines, which includes Indonesia AirAsia X (IDX, Jakarta Soekarno-Hatta), only AirAsia X (D7, Kuala Lumpur International) in Malaysia is currently a publically-listed entity.

"We will be doing an AirAsia X Group structure as well," he added.

Thai AirAsia X will be the first of the AirAsia X units to start flights to Europe and it is recalled that the carrier has already secured its European TCO in anticipation of its entry into the European market next year.

According to Fernandes, it operates seven A330-300s but, with the arrival of an eight and ninth aircraft of the type in April 2019, it will then begin flights from Bangkok Suvarnabhumi to each of Prague Václav Havel, Vienna, and Stockholm Arlanda.