No commitment for public funding support for AirAsia, says Malaysia’s Finance Ministry

🌐 The Straits Times (MY) —
No commitment for public funding support for AirAsia, says Malaysia’s Finance Ministry

AI Summary

Malaysia’s Finance Ministry says it has made no commitment to provide public funding support for AirAsia. The airline reported quarterly losses, citing higher jet fuel costs associated with the Iran war.

AirAsia reported losses in its latest quarterly results, which it attributed to a rise in jet fuel prices due to the Iran war.

Conflict Politics Markets Travel Energy AirAsia Malaysia Finance Ministry public funding quarterly losses jet fuel Iran war

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