AirAsia Cites Progress In Negotiating New Financing

AirAsia has moved to dispel fears over its financial sustainability.
Credit: AirAsia
AirAsia has highlighted its efforts to raise new funds and cut costs as it seeks to reassure investors following an auditor’s report that questioned the carrier’s financial viability. The group said it has “received indications from certain financial institutions [that they will] support our request...

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