A strategist has argued that AirAsia is not too big to fail, NST Online reports, as scrutiny of the Malaysian budget carrier's finances continues. The assessment was published Saturday, September 19,
AirAsia founder Tony Fernandes has pushed back at critics as the company's stock declined, according to thestar.com.my. He also denied reports that the Malaysian government was seeking help from rival
Separately, Fernandes said the airline can absorb a spike in jet fuel costs, straitstimes.com reported. The statements came as channelnewsasia.com published a timeline tracing AirAsia's path from budg
The coverage reflects mounting questions about the carrier's standing. NST Online's strategist assessment speaks directly to whether AirAsia occupies a position where its troubles would compel outside
The reports do not include financial figures or details of the government contacts Fernandes denied.
What to watch next: whether Malaysian authorities respond to Fernandes's denial, and how AirAsia's shares and fuel-cost exposure develop in the coming weeks.
A strategist tells NST Online the carrier is not too big to fail, while AirAsia's founder denies reports of government o