AirAsia expects sales momentum to continue

“Other than the aviation industry, we are seeing traction in our aircraft engineering maintenance business under Asia Digital Engineering, cargo and last mile deliveries under Teleport, airasia superapp and Bigpay,” AirAsia said in a filing with Bursa Malaysia yesterday.

PETALING JAYA: As ticket bookings increase, AirAsia Group Bhd expects its sales momentum to continue into the fourth quarter of 2021, driven by pent-up leisure travel demand.

Similarly, the financially-struggling company’s cashburn from operations is also expected to continue reducing in the final three months of the year.