On Friday at 10:25 AM (Bangkok time), the share price of Asia Aviation Public Company Limited (SET: AAV) increased by 2.44% or THB 0.02 to THB 0.84, with a trading value of THB 78.91 million.
The rise followed a sharp 15% decline in the previous session, drawing significant investor attention to the company’s financial health and liquidity position.
Tony Fernandes, co-founder of AirAsia, addressed recent concerns by stating that the earlier report regarding the company’s financial pressure on its Malaysian parent company contained inaccurate information. He emphasized that the company maintains effective cash management practices and strong liquidity.
Further developments and updates on this matter will be reported as more information becomes available.
