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...

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