Malaysia tests contingency plans as AirAsia seeks more than $1 billion in funding
Bookmark this storyMalaysia is monitoring AirAsia’s liquidity and asking Malaysia Airlines and Batik Air whether they could absorb routes if the low-cost carrier faces further financial pressure. AirAsia controls nearly 60% of domestic traffic and is reportedly nearing a $235 million equity deal while seeking more than $1 billion.
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