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KUALA LUMPUR: Low-cost carrier AirAsia Bhd posted profit before tax of RM26.46mil in the third quarter ended Sept 30, 2014, which was a slight improvement from the RM25.11mil a year ago.
PETALING JAYA: With Khazanah Nasional’s recovery plan for Malaysia Airlines (MAS) laid out, analysts believe the AirAsia group is the likely direct beneficiary of the potential industry route restructuring on the medium-haul network, which allows the industry yields to rise in Malaysia.
KUALA LUMPUR: AirAsia X Bhd, the long-haul low-cost airline affiliate of the AirAsia Group, posted net losses of RM128.78mil in the second quarter ended June 30, 2014 as it was impacted by higher operating expenses but it expects to return to profitability.
PETALING JAYA: Malaysia Airlines (MAS) group chief operating officer Ahmad Jauhari Yahya, in dismissing reports that the loss-making national carrier is placing orders for 100 new planes, does not expect an operating loss in the coming quarters.