KUALA LUMPUR, March 28 — AirAsia has settled over 90 per cent of passenger refunds thus far, despite financial difficulty faced by the airline industry which was hit by the Covid-19 pandemic, and is not expected to face a big hurdle to settle more in a few months time, Capital A Bhd (formerly known as AirAsia Group Bhd) chief executive officer (CEO) Tan Sri Tony Fernandes said.