What Happened
Government Hires Consultant To Assess Airline's Debt Requirements
The Malaysian government has hired Alton Aviation Consultancy to assess AirAsia Group’s funding needs, according to Reuters. The review aims to determine whether the government should provide support to the airline, which is seeking to refinance and consolidate its debt. AirAsia is looking to raise up to $1 billion from international debt markets and $173.2 million in local credit facilities. The airline posted a significant net loss in the second quarter of 2026, and its current liabilities exceed its current assets. The development was first reported by ch-aviation.