Analysts expect poor third quarter for AirAsia and MAS


PETALING JAYA: Both AirAsia Bhd and Malaysia Airlines (MAS) are not expected to report significant improvements to their financial performance in the third quarter, owing to the high cost of jet fuel, according to research analysts.

“It should be another bad quarter for MAS. AirAsia is also not likely to see stellar results,” said a bank-backed analyst.

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