Malaysia’s AirAsia shares tumble 21% as funding fears mount

Budget carrier seeks $1bn in debt financing amid fuel cost pressures Shares in Malaysia's budget AirAsia Group have plunged dramatically this week amid "heightened uncertainty" over its funding position and execution risks. © Reuters KUALA LUMPUR — Shares in Malaysia's AirAsia Group plunged 21% on Thursday as concerns over the budget airline's finances intensified amid fuel price pressures stemming from the Middle East tensions.

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