AirAsia Group implementing cost cutting measures in response to coronavirus

11 March, 2020

AirAsia Group plans to implement various cost containment measures in response to the coronavirus outbreak (New Straits Times, 10-Mar-2020). Acting CEO Bo Lingam stated: "Senior management and I will review them periodically until the situation normalises". The measures could include pay cuts, external training suspensions, duty travel restriction and social event cancellations. Mr Lingam added: "We are also continuously engaging industry stakeholders and tourism authorities for incentives as well as marketing and promotional collaborations".