AirAsia Group Bhd shares rose 1.89% to RM0.54 as at 3.43pm today, recovering from the previous close of RM0.53 amid continued investor attention on the airline’s financial position and funding plans.
The stock opened at RM0.54 and traded between RM0.53 and RM0.56 during the session. Some 49.66 million shares changed hands.
AirAsia has faced increased scrutiny after higher jet fuel costs contributed to a RM830.5 million net loss in the second quarter of 2026. The airline has been pursuing financing of up to US$1 billion from international debt markets and RM700 million in local credit facilities, mainly for debt restructuring, refinancing and balance-sheet consolidation.
Co-founder Tan Sri Dr Tony Fernandes said on Sept 18 that AirAsia was not in discussions with the Malaysian government over a rescue plan, saying its current financing discussions were with banks and financial institutions.
His comments followed reports that the government had approached Malaysia Airlines and Batik Air on whether they could absorb AirAsia’s domestic market share as part of scenario planning amid concerns over the carrier’s financial position.
AirAsia has said it expects to restore capacity towards pre-war levels from the fourth quarter, with stronger travel demand supporting its recovery plans.
The stock’s last done price was RM0.54, with 12.56 million shares queued to buy at RM0.535 and 5.38 million shares offered at RM0.54.
