Most analysts covering the stock were disappointed with the recent financial results by AirAsia but that was only to be expected, given the slump in air travel.
PETALING JAYA: AirAsia Group Bhd will need further capital to stay afloat and wait for better times until the borders open up and people can travel with confidence.
That is what most airlines globally are doing as the unprecedented Covid-19 pandemic has caused mayhem to the travel and airlines balance sheet.
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