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AirAsia Bhd, which posted its first loss since its listing in 2004 due to foreign exchange translation and hedging losses through Lehman Brothers Commodity Services Inc, reported positive growth in revenue due to higher passenger volume and higher contribution from ancillary income.
It's £99 or RM499 one-way - that's the much-awaited opening fare of AirAsia X's latest London Stansted-Kuala Lumpur route for travel between March 11 and Oct 4 next year.
As airlines globally struggle to get financing for future aircraft deliveries, AirAsia Bhd says it is close to finalising a deal worth close to RM3.5bil to fund the purchase of 37 new aircraft over the next two years.