AVIATION BUSINESSES DURING COVID-19: AIRASIA'S FINANCIAL CHALLENGES AND POSSIBLE WAY-OUTS

Authors

  • Nur Ainna Ramli Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia
  • Nurshamimitul Ezza Ramli Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia
  • Siti Fateha Zulkifli Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia
  • Siti Nur Aqilah Ab Wahab Labuan Faculty of International Finance Universiti Malaysia Sabah

DOI:

https://doi.org/10.32939/dhb.v5i1.3497

Keywords:

COVID-19, Aviation Business, AirAsia, Financial Challenges

Abstract

Purpose: This paper aims to discuss the financial challenges faced by AirAsia and the possible way-outs in the wake of the company’s slumped performance caused by COVID-19. Design/methodology/approach: The methods used are qualitative, in-depth company studies and articles. Findings: The result of this study can be concluded that AirAsia has several financial challenges that the analysis can see of the company’s finances. AirAsia also strives to implement several strategies to cope with COVID-19’s impact despite enormous and competing challenges and uncharted solutions. Research implications: This article provides an overview of the strategy implemented by AirAsia after experiencing a downturn due to the COVID-19 pandemic.

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Published

2024-03-14

How to Cite

Ramli, Nur Ainna, Nurshamimitul Ezza Ramli, Siti Fateha Zulkifli, and Siti Nur Aqilah Ab Wahab. “AVIATION BUSINESSES DURING COVID-19: AIRASIA’S FINANCIAL CHALLENGES AND POSSIBLE WAY-OUTS”. Al Dzahab: Journal of Economics, Management, Business and Accounting 5, no. 1 (March 14, 2024): 50–59. Accessed May 30, 2024. https://ejournal.iainkerinci.ac.id/index.php/al-dzahab/article/view/3497.