Credit: Airbus
AirAsia is planning to raise MYR455 million ($113 million) in a private placement to raise cash, pay off debts and cover expenses. In an announcement to the Malaysian bourse, the LCC group said it will issue around 668 million shares—equal to around 20% of its existing share capital. Meanwhile...
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AirAsia To Raise $113M In Rights Issue, Airbus Order Still In Place is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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