The International Air Transport Association described 2020 as the ‘worst year in the history of aviation’. Airlines are estimated to lose US$84.3 billion altogether this year as international borders close and countries lock down to curb the spread of COVID-19. In Malaysia, AirAsia Group was also not spared and hit the news headlines for not so good reasons. Recently, it ceased its AirAsia Japan operations and its auditor casted doubt on the company’s ability to continue as a going concern. AirAsia is a famous household icon in Malaysia and many of us have flown AirAsia before. It is a low-cost carrier that offers cost-conscious consumers in this region an alternative flight option. However, as AirAsia  burns cash at a monthly rate of RM527 million, can it pull through the pandemic? Here are eight things I learned from the 2020 AirAsia AGM: 1. Revenue improved 11.5% year-on-year to RM11.9 billion in 2020

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