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Malaysia transport minister says no decision made on government support for AirAsia
October 28th 2026
Malaysia transport minister, Anthony Loke, has told parliament the Malaysia government has not made any decision on whether to provide embattled LCC, AirAsia Group, with support funding. Read More » The minister said the matter was still being considered by the Ministry of Finance, with the government aware of AirAsia’s financial issues and closely monitoring the situation, local media reported, citing comments made in the country’s parliament, or Dewan Rakyat. It has been widely reported AirAsia Group was seeking additional funding above the previously disclosed US$1 billion in refinancing and 700 million ringgit (US$171 million) in domestic funding which the company disclosed in August. The LCC group has also cut capacity by between 20% and 25% during the July-September period and was reducing the size of its fleet.
