It noted that average passenger fares dropped 23.7% to RM388.07 from RM508.84 in the previous corresponding quarter due mainly to the competitive fares on the significant increase of ASK.
PETALING JAYA: AirAsia X Bhd
’s second-quarter ended June 30 net loss widened three-fold year-on-year to RM128.79mil from RM32.3mil despite a 36.7% rise in revenue to RM671.6mil in the quarter under review.
The company noted in its financial statements to Bursa Malaysia that despite the rise in revenue, its yield on the revenue per available seat kilometre (ASK) available seat kilometre quantum had dropped 7% to 10.79 sen from 11.6 sen a year earlier.
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