AirAsia X 3Q profits plunge, despite revenue improvements

Credit: By Rob Finlayson
AirAsia X—AirAsia Group’s long-haul, low-cost affiliate—reported an after-tax profit of MYR26.4 million ($8.4 million) for the third quarter of the current financial year, down 46% from MYR48.9 million during the year-ago period. The carrier said the disappointing result was largely attributed to...

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