AirAsia X reports RM99mil net loss in Q4

The five aircraft are leased to third party airlines with an estimated enterprise value of US$173.67mil.

KUALA LUMPUR: AirAsia X Bhd posted a net loss in the October-December period, extending its losing streak for a third straight quarter, on higher fuel cost and increased finance expenses.

It has been another tough period for the long-haul budget carrier.