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AirAsia in talks with Malaysian government over potential funding support, sources say
HONG KONG: AirAsia co-founder Tony Fernandes met with officials from Malaysia’s finance ministry two weeks ago to discuss potential government support for Southeast Asia’s largest low-cost airline, said three people with knowledge of the matter. The talks reflect growing government concerns about the financial health of the country’s largest domestic carrier following a spike in jet fuel prices, the people said. Discussions centred on the prospect of the government backing AirAsia’s fundraising efforts provided the airline agreed to proposed conditions, which remain under discussion, two of th...
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