From The Japan Times · Julie Zhu · · 40s
Malaysia Aids AirAsia Without Public Funds
Malaysia plans to support AirAsia without using public money, ex-minister says.
In brief
Malaysia plans to support AirAsia without using public money, ex-minister says. Malaysia will aid AirAsia through regulated arrangements to avoid public funds after ex-transport minister Anthony Loke said the government won't directly fund the airline. Originally reported by The Japan Times.
Malaysia weighs AirAsia aid
Malaysia is weighing how to support AirAsia without risking public funds, ex-minister says.
Ex-minister details aid options
Anthony Loke, who resigned as transport minister, says finance ministry will review options for AirAsia aid.
AirAsia's financial challenges
AirAsia, Southeast Asia's largest low-cost airline, faces high jet fuel prices and currency swings.
Regulated support required
Any government support must be formal and regulated, not direct public funding, ex-minister says.
The one thing
Malaysia will aid AirAsia through regulated arrangements to avoid public funds after ex-transport minister Anthony Loke said the government won't directly fund the airline.
