AirAsia Q1 earnings seen favourable


AirAsia is partnering with Silicon Valley accelerator Plug and Play to dig up new talents in travel technology.

PETALING JAYA: Low-cost carrier AirAsia Group Bhd is expected to record favourable earnings for its first quarter ended March 31, driven by better operational statistics during the period.

PublicInvest Research, in a report yesterday, said AirAsia’s first quarter 2018 passenger volume for its consolidated aircraft operating certificate (AOC), namely Malaysia, Indonesia and Philippines, surged by 16.4% year-on-year to 10.6 million.

Win a prize this Mother's Day by subscribing to our annual plan now! 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 , earnings , first quarter

   

Next In Business News

RBA to maintain key rate to restrain price pressures
The Global South and the need for economic growth
Optus names Stephen Rue as new chief executive
ADB gets highest net income allocation in history
Century-old association continues moving with the times
F&N to focus on growth through sales volume
Shell in talks to sell Malaysian petrol stations
Vietnam garment sector faces supply bottlenecks
Global housing issues crush immigration growth
Increasing people’s income crucial to China’s holiday economy

Others Also Read