AirAsia Achieves Strong 1Q Profit Despite Rising Fuel Costs

Credit: Rob Finlayson
The AirAsia group almost doubled its first-quarter net profit to MYR1.1 billion ($276.3 million), boosted mainly by the sale of assets, but also fueled by higher passenger volume. The LCC group, including the core Malaysian operation and affiliates in Indonesia and the Philippines, raised its net...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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