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AirAsia’s new capital raising will ease balance sheet pressure

17-Sep-2009

AirAsia has raised as much as MYR505.4million (USD145.8 million) in a private placement to reduce its debts, although the amount lower than the originally expected USD190 million. [1061 words]

Unlock the following content in this report:

Subheadings:

  • Fleet deferrals a bow to market reality
  • Vietnam plans no longer on the drawing board?
  • Amadeus-AirAsia link will boost AirAsia‚Äôs distribution footprint
  • At last - a breakthrough in the airport charges brawl

Graphs and data:

  • AirAsia share price growth: Jan-2009 to Sep-2009
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