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AirAsia plunges to four-year low on route absorption report

KUALA LUMPUR: AirAsia Group Bhd shares plunged as much as 21% to the lowest in almost four years, after reports Malaysia's government had asked other local airlines to potentially absorb the cash-strapped carrier's domestic market share.

The Star MalaysiaBloomberg查看原文 ↗
亚航航线吸收报告显示,其股价跌至四年来的最低点。

AirAsia planes stand on the tarmac at Kuala Lumpur International Airport Terminal 2 (KLIA2) in Sepang, Malaysia, Jan 21, 2026. — Agencies

KUALA LUMPUR: AirAsia Group Bhd shares plunged as much as 21% to the lowest in almost four years, after reports Malaysia’s government had asked other local airlines to potentially absorb the cash-strapped carrier’s domestic market share.

The talks with Malaysia Airlines Bhd and Batik Air are part of scenario planning as authorities monitor AirAsia’s financial health, Reuters reported, citing two people with knowledge of the matter. Shares of sister company Capital A Bhd fell as much as 18% to the lowest in more than a year.

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