Financials in turbulence

AirAsia says Indonesia AirAsia has been showing signs of profitability in quarter three and four of 2014 after the route rationalisation exercise was executed in the middle of last year.

But analysts optimistic on outlook of turnaround for AirAsia associates in Indonesia and the Philippines

WHEN AirAsia Bhd released its first quarter results of its current financial year on May 28, most analyst reports the next day highlighted nothing out of the ordinary.