AirAsia Group Bhd shares plunged as much as 21% to the lowest in almost four years, after reports Malaysia’s government had asked other local airlines to potentially absorb the cash-strapped carrier’s domestic market share.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-17/airasia-plunges-to-four-year-low-on-route-absorption-report)