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Timeline: From budget-airline pioneer to financial strain - how did AirAsia get here?

Timeline: From budget-airline pioneer to financial strain - how did AirAsia get here?
Photo: CNA — Latest · view original

Bought for RM1 in 2001, AirAsia grew from a struggling Malaysian carrier into one of Asia’s best-known low-cost airline groups, but more than two decades later, it is facing mounting financial pressure from debt and rising fuel costs.

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