Airlines
Älter als 7 Tage

AirAsia taps new loans

Foto
AirAsia Airbus A320, © Airbus S.A.S.

Verwandte Themen

KUALA LUMPUR - Malaysia's AirAsia Group has approved and disbursed a 300 million ringgit ($72 million) loan from Sabah Development Bank Berhad to its units as part of the group's fundraising efforts, the budget airline said in a bourse filing on Friday.

The airline said the loan was not backed by a government guarantee, which the group has been seeking for a portion of the loans it hopes to secure.

AirAsia has been looking to raise as much as 2.5 billion ringgit by the end of the year, 1.5 billion ringgit of which could be in bank loans.

AirAsia said the loan was to fund specific development projects as agreed by the airline and the bank, including 170 million ringgit to establish and operate a digital food supply chain and cold chain facilities in the state of Sabah.

The rest will part-finance a project to turn the capital city airport into an international hub for AirAsia's operations, enhance e-commerce platforms and marketability of Sabah products and promote tourism destinations on AirAsia's platform.

"The main purpose of the loan is to enhance logistics in Sabah by increasing its supply chain and connectivity, creating over 100,000 new jobs in the process," it said.
© Reuters, aero.uk | 26.10.2020 07:28


Leser-Kommentare (0) Zur Startseite

Um einen Kommentar schreiben zu können, müssen Sie sich bei aero.de registrieren oder einloggen.

Stellenmarkt

Schlagzeilen

Meistgelesene Artikel

Community

FLUGREVUE 04/2014

Video-Blog

Shop

CCBot/2.0 (https://commoncrawl.org/faq/)