AirAsia (AK, Kuala Lumpur International) is reportedly discussing potential Malaysian government backing for its fundraising efforts, subject to some conditions. Co-founder Tony Fernandes confirmed meeting officials from the finance and transport ministries in late September, but denied that financial assistance was discussed, saying the meetings concerned aviation costs. Fernandes said AirAsia could manage without state assistance, although it would not reject support if offered.
However, transport minister Anthony Loke subsequently denied that his ministry had met the airline in the preceding two to three weeks or reached any agreement, but acknowledged the possibility of discussions with the finance ministry.
Full Stories : Reuters News Agency, The Star (Malaysia)
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