AirAsia

State-backed South-east Asia budget carriers handle elevated fuel prices better

2026-10-30T05:11:54.000Z
AirAsia co-founder Tony Fernandes said the government talks focused on aviation-related costs, not financial assistance.

Malaysia has made no commitment to provide financing support to AirAsia, says ministry

2026-10-20T05:45:33.000Z
The airline has been hit by soaring jet fuel costs that surged 66% in Q2 from the prior quarter to an average of US$183 a barrel, stemming from the US-Israeli war on Iran.

AirAsia in talks with Malaysian government over potential funding support: sources

2026-10-12T06:11:37.000Z
AirAsia co-founder Tony Fernandes has said his airline does not need rescue from the Malaysian government, dismissing the idea of intervention as “ludicrous".

AirAsia’s hunt for cheaper debt won’t be easy with US$100 oil

2026-09-24T04:14:11.000Z
“I can say confidently the government said we never said anything like that,” said Tony Fernandes, co-founder of South-east Asia’s largest low-cost carrier.

‘We do not need rescue’: AirAsia's Fernandes denies reports on Malaysian government seeking rivals’ help

2026-09-18T08:56:50.000Z
AirAsia had fallen behind on payments to suppliers and has asked for deferrals on at least a dozen planes, Bloomberg reported in June.

Cash-strapped AirAsia takes unusual step of unloading new planes

2026-09-18T03:00:16.000Z
With no fuel hedges and a heavily leveraged balance sheet, AirAsia Group has posted a second-quarter net loss of RM831 million.
THINKING ALOUD

AirAsia’s funding woes test how far Malaysia will go to protect its budget champion

2026-09-16T23:00:00.000Z
AirAsia reported a net loss of RM831 million for Q2 ended Jun 30, hit by rising jet fuel costs and heavy foreign-exchange losses of RM331 million.

Malaysia talks to rival airlines as it monitors AirAsia’s financial health, sources say

2026-09-16T02:47:36.000Z
The government’s involvement is driven partly by AirAsia’s role as a major employer and provider of affordable air connectivity across the region.

Malaysia's finance ministry hires adviser to assess AirAsia’s funding needs

2026-09-03T08:39:24.000Z
Scoot has continued to add capacity as demand remains strong. But its passenger unit costs rose 21.7% in the three months to June, pushing its operating loss to S$32 million from S$17 million a year earlier. 

South-east Asia’s budget airlines eye recovery but fuel scars linger

2026-08-24T06:42:32.000Z