AirAsia looks past Q2 losses

“Furthermore, we are working with our creditors on repayment plans, ” said AirAsia Group CEO Tan Sri Tony Fernandes (pic) in a statement.

PETALING JAYA: AirAsia Group Bhd, which was badly hit by the coronavirus (Covid-19) pandemic, says it has sufficient cash flow to maintain operations for the rest of the year and 2021 in tandem with rising domestic demand.

The low-cost carrier, which restarted its domestic flights in late April, said the number of passengers picked up in June, including the tripling of the number of passengers carried by AirAsia Malaysia, the doubling of the number of passengers carried by AirAsia Thailand, and an increase of 10% in load factor.