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AirAsia Indonesia is considering restructuring some liabilities and selling shares as the low-cost carrier seeks to repair a balance sheet that has kept its shares suspended since July
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AirAsia is seeking to reduce interest payments — some as high as 11% — through a $1 billion refinancing package, but it may be tough for a company that sells cheap flight tickets to make money when oil prices are near $100 a barrel
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AirAsia has sold six newly-delivered aircraft since the start of last year, including two in July, in an unusual about-face that points to the financial strain gripping the airline
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AirAsia shares plunged as much as 21% to the lowest in almost four years, after reports Malaysia’s government had asked other local airlines to potentially absorb the cash-strapped carrier’s domestic market share
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EXCLUSIVE: AirAsia in talks with Malaysian government over potential funding support, sources say
Exclusive: AirAsia co-founder Tony Fernandes met with officials from Malaysia's finance ministry two weeks ago to discuss potential government support for Southeast Asia's largest low-cost airline
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A defiant AirAsia Group co-founder Tony Fernandes said reports Malaysia’s government has asked rivals for help were false, saying the low-cost airline will emerge from its current crisis stronger than before
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Low-cost carrier AirAsia Group has pushed back against speculation surrounding efforts to raise more than $1 billion in fresh capital, saying the proceeds will primarily be used to refinance high-cost debt rather than cover operational shortfalls
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A passenger on AirAsia flight AK1516 (Malaysia → Shanghai) allegedly defecated at her seat on Aug 18 — despite the lavatory being just meters away. Fellow passenger surnamed Gao said the cabin reeked for ~40 minutes; crew removed the visible waste and sprayed freshener, but the smell lingered.
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Shaunte buys AIRASIA 2.57: Malindo Air goes big on Kota Kinabalu, adds Johor to route: <strong>PETALING JAYA (Sept…