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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: AirAsia Group Bhd’s net profit for its second quarter ended June 30, dropped to RM17.94mil from RM361.81mil in the previous corresponding period, mainly due to a share of prior years’ losses at AirAsia India previously not recognised amounting to RM147mil
KUALA LUMPUR: AirAsia Bhd posted net losses of RM405.73mil in the third quarter ended Sept 30, 2015 as its bottomline took a hit from the Indonesia operations despite stronger overall operating profit.
KUALA LUMPUR: The Malaysian Aviation Commission (MavCom) forecasts passenger traffic in 2020 to grow between 5% and 6% next year or to between 114.9 million and 116.0 million passengers.
KUALA LUMPUR: A one-off provision for doubtful debt of RM50.2mil dragged down AirAsia X Bhd’s (AAX) financial performance during the third quarter (Q3) ended Sept 30, 2017, into the red.
KUALA LUMPUR: Long-haul budget carrier AirAsia X posted an operating profit of RM20.03mil in the second quarter ended June 30, 2016, a stark contrast from the near RM100mil losses a year ago as its load and average base fare increased and it benefited from lower oil prices.