Summary
- Malaysia has discussed AirAsia contingency plans with Malaysia Airlines and Batik Air.
- Sources say AirAsia owes MAHB at least RM500 million.
- AirAsia says operations remain stable as it seeks fresh financing.
KUALA LUMPUR, September 17 — Malaysia has asked Malaysia Airlines and Batik Air about their ability to absorb AirAsia’s domestic capacity as part of contingency planning.
While authorities monitor the budget carrier’s financial health, Reuters reported, citing sources. (Reuters) AirAsia, which says it controls about 60% of domestic flying.
Had RM18.4 billion in current liabilities as of June 30. Sources said it owes Malaysia Airports at least RM500 million. The airline is seeking fresh financing and reported a RM831 million second-quarter loss.
AirAsia said it remains focused on business continuity, stable operations and managing its financial requirements.
