AirAsia shares continue to dip amid graft claims

AIRASIA Group Bhd (AAGB) and AirAsia X Bhd shares continue their slide in early trade today following reports on alleged corruption and bribery in relation to the low-cost carrier’s purchase of Airbus aircraft.

At 10am, AAGB shares fell six sen, or 4.69%, to RM1.22, with 24.07 million units changing hands. AirAsia X, meanwhile, dipped a half-sen, or 4.17%, to 12 sen, with 7.89 million units transacted.