US$1bil loan offer for AirAsia's digital assets

By Ganeshwaran Kana

AirAsia Group CEO Tony Fernandes speaks in Kuala Lumpur, Malaysia October 8, 2020. - Reuters

PETALING JAYA: An American lender is willing to loan AirAsia Bhd US$1bil for its digital assets it has accumulated from its business over the years.

AirAsia Group Bhd CEO Tan Sri Tony Fernandes did not reveal the name of the potential US lender but spoke on how its data-driven new “super app” would become an equal contributor to group profit with its airline business in five years.

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AirAsia , Tony Fernandes , loan offer , data , digital ,

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