Thai AirAsia To Raise $58M To Strengthen Financials

Thai AirAsia A320neo
Thai AirAsia A320neo
Credit: Thai AirAsia
SINGAPORE—Thai AirAsia is planning to raise THB2 billion ($58 million) via debentures to institutional investors and “high net worth individuals” in a bid to stabilize the airline’s balance sheets. The LCC said the fund will support the airline’s recovery plans and initiate further growth on key...
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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