AIRASIA GROUP
AIRASIA GROUP had RM1.2b net loss in 2Q20 (vs RM2m profit in 2Q19) on 86% lower revenues. It says during quarter it disposed of spare engines to further raise cash and is open to other potential monetisation opportunities where there is value.
Subscription Required
AIRASIA GROUP is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.