KUALA LUMPUR (April 7): AirAsia Group Bhd’s cash position can support the fixed costs of the group for under five months from now, even after slashing costs via salary cuts initiated in March, said CGS-CIMB Research.

The airline may need a fresh injection of RM1 billion this year alone, and to defer payment to suppliers, to brace for the impact of the Covid-19 outbreak, said analyst Raymond Yap in a note April 6.