AirAsia Group registers a loss in 3Q on new accounting treatment


KUALA LUMPUR: AirAsia Group Bhd made a loss in the third quarter ended Sept 30, as higher revenue achieved was offset by hefty accounting charges on its aircrafts and fuel hedge contracts, as well as currency exchange losses.

Earnings before interest, tax, depreciation and amortisation (ebitda) was up 119% to RM691mil.

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