Transportation
The budget carrier is seeking $1 billion in debt financing to offset rising fuel‑cost pressures.
Shares in Malaysia’s budget AirAsia Group have plunged dramatically this week amid heightened uncertainty over its funding position and execution risks. © Reuters
NORMAN GOH
September 17, 2026 21:08 JST
KUALA LUMPUR — Malaysia’s AirAsia Group shares fell approximately 21% on Thursday as investor worries about the airline’s finances deepened, driven by fuel‑price pressures linked to Middle‑East tensions.
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