Macro Finance
AirAsia Plunges To Four-Year Low on Route Absorption Report
Bloomberg Markets·September 17, 2026·1 min read
AirAsia Group Bhd shares plunged as much as 21% to the lowest in almost four years, after reports that Malaysia's government had asked other local airlines to potentially absorb the cash-strapped carrier's domestic market share. The news triggered a sharp sell-off in the stock.
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