AirAsia denies bailout, aircraft seizure after rumor triggers share slump

AirAsia co-founder Tony Fernandes denied reports that the airline sought a Malaysian government bailout or had aircraft grounded for non-payment, following a rumor that crashed its shares. The denial is unverified beyond Fernandes' statement, and the origin of the rumor remains unclear. The episode highlights market sensitivity to airline liquidity concerns amid a challenging operating environment.