Coronavirus: Budget airline AirAsia’s future in ‘significant doubt’

Coronavirus: Budget airline AirAsia’s future in ‘significant doubt’

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The future of Asia’s biggest budget airline, AirAsia, is in “significant doubt”, auditor Ernst & Young has said.

Shares in the Malaysian-based airline fell by more than 10% on Wednesday after being halted earlier in the day.

The airline’s founder and chief executive is tycoon Tony Fernandes, who also co-owns Queens Park Rangers (QPR) football club in the UK.

The…

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