AirAsia

Other low-cost carriers have also suffered because of the Iran oil shock

However, the carrier says airport-related costs may make it difficult to keep air travel affordable

The airline expects the service to start in August or September, subject to market conditions

Action stems from years-long shareholder dispute, threatens assets central to Capital A’s growth strategy

The government has also allocated RM5 million for flight ticket rebates

The results mark the first reporting period following the completion of its acquisition of AirAsia Aviation Group and AirAsia in January

To help fund expansion, AirAsia is preparing to sell as much as US$600 million in bonds

The airline is the “launch customer” of the A220’s new 160-seat cabin configuration

Policymakers must consider targeted measures in the form of loans, grants or fuel price relief