KUALA LUMPUR: AirAsia Group Bhd (AAGB) has received the approval from Danajamin Nasional Bhd for an 80% guaranteed loan of up to RM500mil, which will help put the low-cost carrier in a firmer position to boost its operations.
In a statement yesterday, AAGB said the loan was under the Danajamin Prihatin guarantee scheme, which is part of Malaysia’s economic stimulus package following the unprecedented outbreak of Covid-19.
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