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Tagged: government support
- BusinessAirAsia Founder Denies Seeking State Bailout Amid Malaysian TalksTony Fernandes stated that he did not ask for a state bailout for AirAsia, even as Malaysia held discussions regarding the airline's financial stability due to increased jet fuel costs, and the talks involved potential government support for AirAsia's fundraising efforts contingent upon meeting certain conditions. The South China Morning Post reported that talks involved potential government support for AirAsia's fundraising contingent upon meeting certain conditions.1 min