AirAsia is in talks with the Malaysian government about potential funding support
Malaysia's finance ministry met with AirAsia co-founder Tony Fernandes to discuss possible government support. The meeting took place amid growing concerns over the airline's financial health, triggered by a sharp rise in jet fuel prices. AirAsia dominates the domestic aviation market and employs 26,000 people.
- The meeting discussed potential government support for AirAsia.
- Government concerns grew over AirAsia's financial health after a spike in jet fuel prices.
- AirAsia controls about 60 percent of Malaysia’s domestic aviation market and employs 26,000 people.
Outlets: Business Recorder, Free Malaysia Today, Malaysiakini (English), SCMP Asia, The Jakarta Post
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