


| AirAsia Seeks Up to $600 Million Cash Injection to Endure Crisis |
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is seeking to raise as much as 2.5 billion ringgit ($600 million) by the end of the year as it tries to survive a business slump exacerbated by the coronavirus pandemic.
The Subang, Malaysia-based budget carrier may borrow up to 1.5 billion ringgit from banks and another 1 billion ringgit from investors, a spokeswoman said Tuesday.
Posted: 2020-09-08 06:58:00
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