Turbulence ahead


epa03507262 (FILE) A file photo dated 26 August 2011 showing an Airbus passenger plane of Air Asia at Kuala Lumpur International Airport in Sepang outside Kuala Lumpur, Malaysia. Airbus said 13 December 2012 that AirAsia, the largest low cost airline in Asia, has placed a new order with Airbus for 100 more A320 Family aircraft. The contract covers an additional 64 A320neo and 36 A320ceo aircraft for operation across the carriers network.The order was announced during a visit by British Prime Minister David Cameron to the Airbus wing manufacturing facility at Broughton, Britain, where Cameron witnessed the signing of documents by Tan Sri Tony Fernandes, Group Chief Executive Officer, AirAsia and Fabrice Brgier, President & CEO, Airbus. EPA/AHMAD YUSNI

While AirAsia’s share price slides, MAS faces the spectre of the weak ringgit

AS the share price of AirAsia Bhd slides, Tan Sri Tony Fernandes assured investors the fundamentals of the company he built was intact and no further cash would be needed by its associates.

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