What a hot news ! despite economic slowdown, AirAsia Bhd sealed a deal in London mandating Barclays Capital to fund the purchase of 15 new A320-200 aircraft worth nearly US$700mil (RM2.5bil) for delivery largely in 2009.
On top of that 2.5bil, AirAsia still needs another RM13bil to fund 104 aircraft orders it has placed from 2010 to 2014.
The budget airline is on an expansion trail even though many carriers globally including full service carriers are grounding aircraft on many of their routes in the current economic slowdown.
Source : The star
Popularity: 6% [?]
