NAGOYA -- AirAsia Japan filed for bankruptcy proceedings in the Tokyo District Court on Tuesday with about 21.7 billion yen ($208 million) in liabilities, becoming the first airline to fail in the country during the COVID-19 era.
Budget carrier becomes Japanese skies' first casualty of the pandemic

The coronavirus pandemic has taken a toll on AirAsia Japan's business. (Photo courtesy of AirAsia Japan)
NAGOYA -- AirAsia Japan filed for bankruptcy proceedings in the Tokyo District Court on Tuesday with about 21.7 billion yen ($208 million) in liabilities, becoming the first airline to fail in the country during the COVID-19 era.