AirAsia: All Southeast Asian Affiliates Will Show Profits

Credit: Rob Finlayson
The Malaysia-based AirAsia Group’s profit slipped significantly in the second quarter, but it predicts all of its Southeast Asian affiliate airlines will achieve profits for the full year. The group reported a net profit of 46.8 million ringgit ($11.1 million) for the June quarter, down 85% from the...

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