AirAsia Group Ends 2019 With A Loss; Prepares For COVID-19 Effects

a320
Credit: AirAsia
After posting a healthy profit of MYR1.7 billion ($401.3 million) in fiscal 2018, AirAsia Group posted a MYR286 million loss for fiscal 2019 ended Dec. 31, 2019, dragged down by its Indian subsidiary and a host of other costs. The Malaysia-based airline group’s loss before tax was MYR549.8 million...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

Subscription Required

 

AirAsia Group Ends 2019 With A Loss; Prepares For COVID-19 Effects is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.