AirAsia's fortunes hinge on MAS: CIMB Research


KUALA LUMPUR: CIMB Equities Research views Malaysia AirAsia's fortunes in 2015 depend on whether Malaysia Airlines (MAS) cuts capacity and repositions its fares back to premium levels (to be announced at the end of this month).

"We believe this will happen, which is why we are forecasting a sharp FY15 core EPS recovery," it said on Thursday.

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