JAKARTA: AirAsia Bhd’s Indonesian unit is confident it can meet a rule set by the country to increase its equity portion to keep its operating licence.
“We are in the process of converting our debt (group level) to equity. It should be no problem,” co-founder and group CEO Tan Sri Tony Fernandes told reporters after celebrating its 300 millionth guest here.
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!