Currency Weakness Hits AirAsia X Profits
Credit: Wikimedia Commons
The AirAsia X (AAX) group reported a significant decline in fourth-quarter profits, although this was not enough to prevent an impressive turnaround in its full-year 2016 results. The Malaysia-based long-haul LCC achieved a net profit of 39 million ringgit ($8.8 million) in the fourth quarter, down...
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