AAX planning to apply for govt guaranteed loan


Its financial statements under the auditors’ report portion said that it also planned to make an application for a government guaranteed loan of up to RM500mil under the Danajamin Prihatin Guarantee Scheme (DPGS).

PETALING JAYA: AirAsia X Bhd (AAX) has reported a quarterly net loss of RM24.63bil in the April 1 to June 30 quarter on the back of RM72.26mil in quarterly revenue.

“During the quarter ended June 30, the company has suffered from the full impact of the Covid-19 pandemic and with the suspension of scheduled flight operations since April 2020, and the parking of the majority of the aircraft fleet, the performance indicators for the business are not meaningful,” AAX said in the note to its financial results.

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