AirAsia in August posted its largest quarterly loss on record, and has said it wants to raise as much as 2.5 billion ringgit ($600 million) by the end of the year to weather the pandemic. The airline has also flagged that it’s evaluating its Japanese business, which counts e-commerce group Rakuten Inc. among its investors, and a decision was imminent.
An AirAsia spokesperson said Wednesday there was nothing to announce at this time in relation to the venture, after a similar report by Yomiuri. The sale of AirAsia Japan flights is suspended, the spokesperson said.