Airasia services Asia. Looking at the vaccination rates/numbers in Airasia's primary routes ie. India, China, Philippines, Indonesia, Vietnam etc, Airasia has a long way for recovery as they will hardly survive with domestic travel. Airasia needs "Asia" as a whole to recover. Please look at our neighbouring countries, their vaccination rates/numbers and their lockdowns. Having a green bubble with Singapore or another small country is not going to turn its books to green. Invest with a 3 year horizon at minimum.