KUALA LUMPUR – Low cost airline AirAsia Group is looking at all possible options to raise capital to fund the group's newly rebranded digital venture arm, AirAsia Digital, according to group chief executive officer Tan Sri Tony Fernandes.
Without disclosing the amount of the capital, he indicated that the airline group would not need to be huge to make the whole digital journey a successful venture.
"It could be convertible debt or equity. We've just started on the process.
"We built all of these (referring to AirAsia's digital initiatives) on our very own capital so far, just like how we built AirAsia," he told a media briefing on AirAsia Digital here today. – Bernama, September 24, 2020
