Hit By Virus, AirAsia Shares Tumble, Future In "Significant Doubt"

Low-cost airline AirAsia's future is in "significant doubt" amid the coronavirus pandemic, news agency AFP reported on Wednesday, quoting its auditor. On Monday, the Malaysia-based airline, which operates in India too, reported a record quarterly loss of 803 million ringgit ($187 million) for the first three months of the year, after being forced to ground its fleet due to the virus. Trading in AirAsia's shares was halted on Wednesda...