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AirAsia's pandemic recovery to take two more years, says Fernandes

Budget carrier's 1Q sales drop 87%, net loss improves slightly from year before

AirAsia CEO Tony Fernandes sees financial recovery from the coronavirus pandemic in two years.   © Reuters

KUALA LUMPUR -- AirAsia Group CEO Tony Fernandes said Thursday that a financial recovery is two years away as rising COVID-19 cases in major operating countries force prolonged border closures and travel restrictions.

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