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Topic

AirAsia

AirAsia Group to raise up to $113mn via private placement

AirAsia Group to raise up to $113mn via private placement

Published 22 Jan, 2021 11:33am
  • "The proposed private placement will not fully address the Group's current financial concerns as the estimated gross proceeds of up to approximately 454.51 million ringgit would not be sufficient to meet its long-term cash flow requirements," it said.
Malaysia's anti-graft agency probes AirAsia's bank loan

Malaysia's anti-graft agency probes AirAsia's bank loan

Published 28 Oct, 2020 06:20pm
  • We have started our investigation to look into whether there had been any violation.
  • The application was not made overnight but instead SDB had carried out the best and most thorough investigation and consideration before the approval was given,
Malaysia's AirAsia aims to raise $602mn, to evaluate Japan operations

Malaysia's AirAsia aims to raise $602mn, to evaluate Japan operations

Published 07 Sep, 2020 05:39pm
  • Group Chief Executive Officer Tony Fernandes told Reuters in an interview that the group, Malaysia's flagship budget airline.
  • Fernandes also said the group was evaluating its operations in Japan, although its partnership in India remained "as is".
Malaysia's AirAsia seeks nearly $500mn in funding: report

Malaysia's AirAsia seeks nearly $500mn in funding: report

Published 09 Jul, 2020 07:02pm
  • The budget carrier, like other airlines, has been rocked by the COVID-19 pandemic that has hammered demand for air travel.
  • AirAsia said in a statement some financial institutions had indicated they would support a funding request of over 1 billion ringgit.
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