AirAsia co‑founder meets Malaysia finance officials to discuss possible funding support
Written by AI from 2 reports listed below. Not checked by a person before publication. How we use AI
AirAsia co‑founder Tony Fernandes met with officials from Malaysia’s Finance Ministry about two weeks before 12 Oct 2026 to explore potential government backing for the airline’s fundraising, provided certain conditions were met.
Fernandes said no formal talks on financial assistance had taken place and that AirAsia could manage without state aid, as it did during the Covid‑19 pandemic, while also stating the airline would not reject help from any government in the countries where it operates, including Malaysia, Thailand and Indonesia; jet fuel costs had risen 66 % in the second quarter to an average of US$183 a barrel.