MAG Sees Significant Pressure For FY2026 Amid Higher Fuel Costs
KUALA LUMPUR, Sept 4 (Bernama) -- Malaysia Aviation Group (MAG) sees significant pressure for its financial year 2026 (FY2026) amid sustained increases in fuel prices.
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AirAsia’s US$1 Bln Fundraising To Refinance Debt, Strengthen Balance Sheet
KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia Group Bhd has clarified that its planned fundraising exercises, comprising up to US$1 billion (US$1=RM4.04) in international debt markets and RM700 million in local credit facilities, are primarily targeted at debt restructuring or refinancing and balance sheet consolidation, rather than purely funding operational shortfalls.