Subdued earnings seen for AirAsia


AAGB

PETALING JAYA: AirAsia Group Bhd is expected to register subdued earnings for the quarter ended Sept 30, 2018, mainly due to a weaker passenger load factor during the period.

Maybank Investment Bank (Maybank IB) Research in a report yesterday said passenger load factor declined by 5.1 percentage points year-on-year to 81.6% in the third quarter of 2018, on the back of 10.3% year-on-year capacity growth.

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Business , Maybank , AirAsia , AirAsiaX

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