Extra gearing: CGS-CIMB Research forecasts AirAsia to raise an additional RM1bil in debt funding this year and RM600mil in the next two years.
PETALING JAYA: Low cost carrier AirAsia Group Bhd is in need of an urgent intervention to save itself.
The airline requires new funding and it needs it fast, because its current cash balance would only last it for around five months, said a research report.
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