Browsing Tag
Batik Air
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Malaysia tests AirAsia contingency plans as the airline races to refinance debt
Government talks with Malaysia Airlines and Batik Air reveal the national importance of AirAsia’s network, while management points to strong demand, restored liquidity options and a sweeping cost reset.
Is AirAsia in financial trouble? What Malaysia’s reported contingency talks actually mean
Malaysia is conducting contingency planning around AirAsia’s financial position, Reuters reported, while the airline seeks more than $1 billion in new financing and insists operations remain stable.