AirAsia and AAX see major challenges in first half 2020


AirAsia’s acting chief executive officer and president for airlines Bo Lingam said the challenging start to this year with the ourbreak of the virus had disrupted some of the group’s businesses due to travel restrictions, flight delays and cancellations.

KUALA LUMPUR: Both AirAsia Bhd and AirAsia X Bhd that posted big losses in the fourth quarter ended Dec 31 (4Q19), foresee major challenges in the first half of this year as the airline industry have been severely affected by the Covid-19 outbreak.

AirAsia’s acting chief executive officer and president for airlines Bo Lingam said the challenging start to this year with the ourbreak of the virus had disrupted some of the group’s businesses due to travel restrictions, flight delays and cancellations.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 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

Not so hot for petrochem
Bumps in Perodua’s EV march
TMK Chemical resolute in meeting targets
Top-tier mix for Topmix
Unlocking abandoned projects�
PNB, GLICs to develop 10 bumiputera champion firms by 2030
World Bank: Malaysia shows strong progress in reducing poverty, must now focus on inclusive growth
Nestl� for Healthier Kids marks 15th anniversary, aims for 500,000 students by 2030
URA: Why it deserves support
Flooring to beat Malaysia’s heat

Others Also Read