AirAsia Takes Earnings Hit From Indonesian Affiliate

Credit: Airbus
AirAsia reported a hefty third-quarter net loss as it absorbed results from its struggling affiliates, though the carrier is optimistic about its outlook based on improving operating profits. The Malaysia-based LCC had a net loss of RM405.7 million ($96 million) for the September quarter, a massive...
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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