AirAsia plans up to $300m bond issue & sale of jets as share price tumbles

AirAsia plans up to $300m bond issue & sale of  jets as share price tumbles

Visual from the company website

Asia’s largest budget airline, AirAsia Bhd plans to raise funds for loss-making associates by issuing up to $300 million in bonds and may sell planes to help cut group debt, CEO Tony Fernandes told investors in a letter.

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