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AirAsia's liabilities exceed its assets by over $400 million; auditors question airline's future

Updated : July 09, 2020 12:15 AM IST

The future of the Asia's largest budget airline, AirAsia, is in 'significant doubt', according to its auditors. The airline's current liabilities have exceeded its assets by more than $400 million.

But AirAsia is not alone. The outbreak of the coronavirus pandemic has pushed as many as 9 airlines across the world to the brink, reports Anu Sharma.

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