AirAsia said to have held talks with Malaysian government over financial support
AirAsia reportedly met Malaysian finance ministry officials in late September about possible state support amid financial pressure from high fuel prices. Co-founder Tony Fernandes confirmed the meetings but denied direct aid was discussed.
AirAsia has held talks with the Malaysian government about possible financial support, Reuters reported. Co-founder Tony Fernandes met finance ministry representatives in late September, and the discussions reportedly covered state assistance with raising capital.
Sharply higher jet fuel prices have put the airline under financial strain. Fernandes confirmed the meetings but denied that direct financial aid came up. Fuel and airport charges, he said, were the subject.
Fernandes said AirAsia can manage without state support, though the carrier is seeking help to obtain cheaper loans from Malaysian banks.
Sources
- aerotelegraph.comAir Asia soll mit Malaysias Regierung über Finanzhilfen verhandeln