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...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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