AirAsia boss says RM1b in loans pending regulator approval - media report

AirAsia Group Bhd expects to secure RM1 billion in loans from three Malaysian banks, pending approval from local regulators, group chief executive Tony Fernandes said in a report by The Edge Malaysia.

The budget airline said last week it had raised US$82 million through private share placements, in a bid to ensure liquidity in 2021...