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

ES Sunlogy’s secures LOA valued at RM107.5mil
Lotte Chemical Titan inks RM103.7mil naphtha deal with Indonesian unit amid supply risks
UOB facilitates over RM18bil FDI into JS-SEZ since 2024
Ringgit ends marginally lower vs US dollar
iCents launches Maytech cleanroom unit with RM15mil investment
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

Others Also Read