Low-cost carrier AirAsia Group has pushed back against speculation surrounding efforts to raise more than $1 billion in fresh capital, saying the proceeds will primarily be used to refinance high-cost debt rather than cover operational shortfalls.
Danny Lee is an Asia Aviation & Transport Reporter at various esteemed publications. He covers a range of topics within the aviation and aerospace sectors, including airlines, airports, travel technology, and the broader travel and tourism industry, while also touching on energy and mining themes. Danny's work has been featured in notable outlets such as the Irish Examiner, The Japan Times, and Bloomberg News, among many others.
