AirAsia Gets $120M Loan From Government Entity

AirAsia A320s
Credit: Rob Finlayson
AirAsia has received an approval from Danajamin Nasional for a loan of up to MYR500 million ($120 million) under a government aid package known as the Danajamin Prihatin Guarantee Scheme. AirAsia said in a statement that the funds will be used for working capital purposes, such as supporting staff...

Subscription Required

 

AirAsia Gets $120M Loan From Government Entity is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.