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AirAsia Group announces cessation of AirAsia Japan's operations

This article is 4 years old

AirAsia Group Bhd has announced the cessation of AirAsia Japan Co Ltd’s operation to reduce cash burn for the company and the group.

In a filing with Bursa Malaysia today, it said the decision was taken amid the highly challenging operating conditions in Japan which had been aggravated by the Covid-19 pandemic.

“We shall make further disclosures as necessary on this matter in due course,” it said...

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