Kuala Lumpur (AFP) – Shares in AirAsia, Southeast Asia’s biggest budget airline, lost almost eight percent on Monday in Kuala Lumpur after one of its jets disappeared with 162 people on board.The firm slumped 12 percent to 2.60 ringgit at the open but recovered slightly to sit at 2.71 ringgit, still down 7.82 percent, by 0315 GMT.The Airbus jet disappeared en route from Surabaya in Indonesia’s east Java to Singapore after the crew requested a change of flight plan due to stormy weather. Indonesia’s National Search and Rescue Agency said it is likely at the bottom of the sea.However, Shukor …read more
Source: Business Insider
