AirAsia X net loss widens on fewer flights


Ancillary revenue: AirAsia X aircraft operating lease income is boosted by additional aircraft subleased to Thai AirAsia and Indonesia AirAsia.

PETALING JAYA: AirAsia X Bhd (AAX) extended its net loss to RM132.94mil during the second quarter ended June 30, from a net loss of RM128.79mil a year earlier.

The long-haul associate of AirAsia Bhd also posted a 2.7% dip in revenue to RM653.03mil against RM671.61mil in the same quarter last year.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , AirAsia X , Air Asia , financial results

Next In Business News

Treasury yields rise, stocks decline on US fiscal outlook worries
Bursa investors await fresh leads as corporate results underway, US debt discussions weigh
Ryan Reynolds' MNTN raises US$187.2mil in US IPO
SingTel posts 9% annual profit rise, unveils US$1.5bil buyback plan
Ringgit opens firmer against US$ on weaker US economic data
Trading ideas: YTL Power, BHIC, MMHE, DC, Bumi Armada, Meta Bright, Inari, Public Bank, Supermax, SP Setia, Perdana, Apex, Solarvest, Sarawak Plantation
Trump says he's seriously considering taking Fannie Mae and Freddie Mac public
Oil falls on news US-Iran will hold nuclear talks
Wall St stocks tumble as worries mount over US debt
Argentina approves US$2.5bil Rio Tinto lithium mining project

Others Also Read