AirAsia’s future in doubt due to coronavirus

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The future of top regional budget carrier AirAsia is in ?significant doubt? after the collapse in travel demand caused by coronavirus, its auditor warned, sending the airline?s share price tumbling nearly 18 percent on Wednesday. The aviation industry is facing its biggest-ever crisis due to the pandemic, with airlines worldwide going out of business or laying off huge numbers of staff to stay afloat.

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