Domestic travel to help support AirAsia earnings

KUALA LUMPUR: MIDF research has slashed earnings estimates for AirAsia Group Bhd in light of the Malaysian government's decision to implement a movement control order from March 18 to 31, 2020.

"Following the revision in our earnings estimates, we revised our target price to RM0.63 per share (from RM1.03 previously).

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