KUALA LUMPUR: AirAsia Bhd CEO Tan Sri Tony Fernandes said on Monday the company will recapitalise its Indonesian affiliate so that the unit can meet a rule set by the country's transport ministry.
"We've always said that we're re-capitalizing the airline and we will. There's not a second of worry that AirAsia Indonesia will close down because of equity regulations," he said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!