Analysts upbeat on AirAsia


Robust: AirAsia's income is expected to increase in the second half following the launch of several new products. - EPA

PETALING JAYA: Analysts are mostly positive on the prospects of AirAsia Bhd following the low-cost airline’s second-quarter results that saw it post a spectacular overall profit but a core net loss stemming from its overseas associates.

On Wednesday, AirAsia reported a net profit of RM367.16mil for its second quarter ended June 30, which was more than a five-fold rise from RM58.35mil it achieved in the previous corresponding quarter.

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