Bangladesh, Sept. 8 -- Malaysia's Finance Ministry has brought in Alton Aviation Consultancy to examine AirAsia's financial and funding requirements as the low-cost carrier faces growing liquidity pressures, reports cited people familiar with the matter.

The appointment indicates that the government is assessing the potential economic impact of AirAsia's financial situation and whether any form of support may be appropriate. The airline is a major employer and provides low-cost air links across Southeast Asia.

Reports cited one source saying AirAsia could need government backing of some kind to secure new funding from outside investors, although no decision has been made. Another said officials were reviewing the airline's finances and...