AirAsia X earnings expected to improve

PETALING JAYA: AirAsia X Bhd’s (AAX) second quarter 2023 (2Q23) earnings is likely to be weaker quarter-on-quarter (q-o-q) but its forward booking trends are encouraging.

Its 49%-owned Thai AirAsia X (TAAX) is expected to start contributing soon, which will be positive for the PN17 classified airline.

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