MALAYSIAN low-cost airline AirAsia has raised $443 million in a dual-tranche financing to refurbish planes that were grounded during the pandemic and refinance its lease liabilities, parent company Capital A said on Thursday.

Shares of Capital A were 4.6 percent higher as of 1049 GMT (6:49 p.m. in Manila). Bloomberg News reported the financing earlier in the day.

Register to unlock this article

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here