AirAsia on track with turnaround plans


AirAsia group CEO Tan Sri Tony Fernandes

KUALA LUMPUR: AirAsia group is on track with its turnaround plans and fund raising exercise for both Indonesia and Philippines units, according to Public Invest Research.

It said on Friday yield is expected to improve towards the end of the year and the low-cost carrier is positive on 2H performance due to seasonally stronger quarters and capacity reduction by Malaysia Airlines.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

A1 acquires land in Selangor for RM17mil to set up regional office
MPay wins RM270mil mobile contract
Destini secures RM4.4mil contract for MRO services
Varia subsidiary bags RM293mil job
FBM KLCI edges higher as strong trade data amid Middle East jitters
Dollar pushes to one-week high as US-Iran tensions reignite
RM5bil financing guarantee among new govt measures to support SMEs
SC and Bursa Malaysia introduce MY Value Up Programme
AirAsia tests market with Deutsche-led US$230mil private debt
Malaysia auto TIV falls 13% in March on festive slowdown

Others Also Read