AirAsia Reportedly To Get Cash Infusion From Saudi Fund

aircraft
Credit: Airbus
SINGAPORE—AirAsia is reportedly set to receive $100 million in injection from Saudi’s Public Investment Fund (PIF) as the Malaysian LCC seeks to raise as much as MYR1 billion ($226 million) in a fundraising campaign. Citing sources familiar with the matter, Bloomberg reported that on top of PIF...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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