AirAsia’s shrinking presence in India and financial pressures are raising questions over the group’s next move as Malaysia weighs its options ...

KUALA LUMPUR/HONG KONG ─ Malaysia's government has asked Malaysia Airlines and Batik Air whether they could absorb AirAsia's domestic market share, said two people with knowledge of the matter, as ...

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 ...

Rival carriers lack commercial incentive to take over unprofitable routes, which could force the government into a subsidy dilemma, analysts say Malaysia could struggle to preserve some domestic air ...

Indonesian authorities say at least 33 flights affected by eruption of Mount Anak Krakatau.

Speaking at a media briefing, Fernandes said AirAsia was adept at managing cash and expected to raise more than $1 billion, mostly to refinance existing debt, by December or January.