AirAsia Group sees $15.9 million loss in 3Q on fleet restructuring

Credit: Rob Finlayson
Despite a MYR3.1 billion ($741.8 million) in revenue, an increase of 18% year-on-year (YOY), AirAsia Group Berhad still ended the 2019 third quarter with a MYR67 million net loss, reversing the MYR804 million profit in Q3 2018. The company’s net operating profit also fell 97% YOY to MYR2 million...

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