A year earlier, AirAsia recorded a net loss of RM803.85mil. In the preceding fourth quarter of 2020, the group’s net loss was registered at RM2.44bil.
PETALING JAYA: AirAsia Group Bhd’s net loss narrowed to RM767.42mil in the first quarter ended March 31, although the budget airline remains bogged down by limited operations and over half a billion ringgit in losses from the depreciation of right-of-use assets and interest on lease liabilities.
A year earlier, AirAsia recorded a net loss of RM803.85mil. In the preceding fourth quarter of 2020, the group’s net loss was registered at RM2.44bil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
