KUALA LUMPUR (Nikkei Markets) -- Malaysian authorities' decision to probe AirAsia following alleged graft detailed in Airbus SE's record-$4 billion bribery settlement rattled investors Monday who hammered the share of the budget carrier to four-year low.
Analysts said the scandal, which sparked knee-jerk selldown and could potentially mar AirAsia's reputation, may continue to weigh on the shares, while travel restrictions due to the Wuhan coronavirus outbreak hurt passenger traffic growth, posing downside risks to earnings.