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AirAsia shares fall 11 pct after plane goes missing

Shares in AirAsia fell 11.6 percent after one of its aircraft went missing in bad weather on Sunday on its way to Singapore from the Indonesian city of Surabaya.

Shares in AirAsia fell 11.6 percent after one of its aircraft went missing in bad weather on Sunday on its way to Singapore from the Indonesian city of Surabaya. Shares of the Malaysia-based budget airline fell at the start of trade on Monday, after Indonesia resumed its search for the …

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Vietnam ministry agrees to lower airfare ceiling by 15%

The Ministry of Finance has given the green light to a proposalby the Civil Aviation Authority of Vietnam (CAAV) to cut the ceiling of airfares for domestic services, the country’s aviation watchdog announced Friday.

The Ministry of Finance has given the green light to a proposalby the Civil Aviation Authority of Vietnam (CAAV) to cut the ceiling of airfares for domestic services, the country’s aviation watchdog announced Friday. The finance ministry has agreed to apply a 15 percent reduction to theairfare ceiling, which is …

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