As ANA looks to invest in Vietnam Airlines, AirAsia Bhd continues to press the flesh to see if a management-led buyout can be worked out as the share price continues to weaken, having fallen by over 40% since June 2015 to prices last seen a decade ago when the airline originally listed. Tony Fernandes and Kamarudin Meranun are working with banks to secure financing to launch the US$800m buyout before year end. AirAsia, as we have reported here over the past year, is under pressure; affiliates including AirAsia X have a great deal to prove over the coming months to
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