Honey, Do You Have 2.16 Billion Spare Change For AirAsia X?

On the Edge Financial Daily AirAsia X seeks RM2.16b financing

• “I’m personally keen to work with Malaysian banks that are progressive and keen to expand into international aviation financing,” he said in a recent interview.

How?

Yet another indicator that AirAsia is having some funding issues?

I don't know much but what I do know is that one can not simply over borrow.

When times are good, it's so easy to expand with BORROWED money. However, when times are bad...... over leveraged simply kills!