Travel

AirAsia Suffers Record Loss as the Crisis Bites

Lim Huey Teng  / Reuters

AirAsia planes are seen parked at Kuala Lumpur International Airport 2, during the movement control order due to the outbreak of the coronavirus disease, in Sepang, Malaysia on April 14, 2020. Lim Huey Teng / Reuters

Skift Take: Low-cost Southeast Asian carrier AirAsia Group reported a $188 million loss for the first quarter. Expect it to seek investments through possible joint-ventures.

— Sean O’Neill

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