2d ago
KUALA LUMPUR, Oct 20 (Bernama) -- AirAsia Group Bhd shares dipped 3.29 per cent amid the airline's ongoing financial woes following the spike in jet fuel prices due to the West Asia conflict.
10d ago
PUTRAJAYA, Oct 12 (Bernama) -- The Ministry of Transport (MOT) did not hold any meetings with AirAsia in the past two to three weeks, nor was any agreement reached with the low-cost airline, said Transport Minister Anthony Loke.
1m ago
KUALA LUMPUR, Sept 18 (Bernama) -- Capital A Bhd has proposed a capital structure optimisation exercise involving the potential market-driven divestment of its 99.56 per cent-owned BigPay Pte Ltd and the orderly and planned distribution of its 13.6 per cent equity stake in Tune Protect Group Bhd.
1m ago
KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd has received a signed term sheet for US$1 billion (US$1=RM4.10) in financing from the Middle East but is holding off on accepting it as the group seeks the best deal, said co-founder and adviser Tan Sri Tony Fernandes.
1m ago
KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd currently anticipates jet-fuel prices of between US$160 and US$190 per barrel and may reprice airfares again should prices rise to US$250 per barrel, said co-founder and adviser Tan Sri Tony Fernandes.
1m ago
KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd has not had any discussions with the government over a bailout and remains confident in its liquidity and business sustainability, said co-founder and adviser Tan Sri Tony Fernandes.