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KUALA LUMPUR: AirAsia Group Bhd posted a net loss of RM2.44bil in the fourth quarter ended Dec 31 against RM384.43mil a year ago as its operations were adversely affected by the Covid-19 pandemic.
KUALA LUMPUR: AirAsia Group Bhd said it has suffered a RM320mil hit arising from the closure of its associate company in Japan.
KUALA LUMPUR: The sight of aircraft grounded and parked globally in March this year due to travel restrictions and border closures imposed to control the spread of the novel coronavirus was just a beginning of the grave consequences that was in store for the sector throughout 2020.
PETALING JAYA: AirAsia Group Bhd is considering a rights issue, debt financing and even a private placement to raise more capital until air travel demand picks up.
KUALA LUMPUR (Reuters): Malaysia’s flagship budget carrier AirAsia Group Bhd has given its strongest indication to date that it could exit India, saying on Tuesday (Nov 17) it was reviewing its investment in a joint venture airline there.
KUALA LUMPUR: Petronas Dagangan, FGV and MISC are among the stocks to watch on Wednesday after their quarterly results, JF Apex Research says.
KUALA LUMPUR: AirAsia Group Bhd said its 33% owned associate firm AirAsia Japan Co Ltd (AAJ) has filed for bankruptcy proceedings on Nov 17.
KUALA LUMPUR: JF Apex expects JF Technology Bhd, AirAsia Group Bhd, 7-Eleven Malaysia Holdings Bhd, Guan Chong Bhd, LFE Corp, MSCM Holdings Bhd and Westports Holdings Bhd to be among the stocks to watch on Tuesday.