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AirAsia X’s 9M17 core net loss narrower than expected


KUALA LUMPUR: AirAsia X ’s core net loss for the nine months ended Sept 30, 2017 was narrower than expected, says CIMB Equities Research but it still retained its Reduce call for the long-haul low-cost carrier.

It said on Friday this was due to stronger-than-forecast yields, but underperformed consensus’s full-year profit forecast of RM153mil.

Analyst Reports , Airlines

   

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