AirAsia founder Tony Fernandes began talks with bankers to take Asia's number one budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk.
Disposals also likely, clients to be cut -CEO memo to staff
AirAsia has come under scrutiny since June when GMT Research issued a critical report questioning its accounts.
Barclays is not alone in trying to decide the best size and shape of its investment bank in a changed regulatory landscape.
Closing banks and restricting the flow of capital can build pressure for a solution as finances get squeezed.
India's biggest airline IndiGo is set to file the prospectus next week for a domestic stock market listing.
The bank is expected to report a pre-tax profit of $21 bn.
HSBC's Swiss bank routinely allowed clients to withdraw "bricks" of cash
SpiceJet has cut capacity by reducing its fleet to 35 Boeing 737 aircraft from 42 in December.
Seeks to cut 1.7 billion pounds in annual costs and improve standards.
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