KUALA LUMPUR, Oct 27 (Bernama) -- The government has yet to decide whether to provide financial support to financially distressed AirAsia Group Bhd, said Transport Minister Anthony Loke Siew Fook.
Business : No Decision Yet On Financial Assistance For AirAsia - Loke
AirAsia, Anthony Loke, Transport Ministry, Dewan R
Key takeaways
The government has not decided on financial assistance for AirAsia, as both transport and finance ministries review proposals.
- Transport Minister Loke said the government is reviewing proposals to assist AirAsia.
- The government aims to maintain airline operations and connectivity to avoid job losses.
- AirAsia's potential bankruptcy could harm the country's connectivity and economy.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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