AirAsia X 4Q profits hit by currency weakness

Credit: Rob Finlayson
The AirAsia X (AAX) Group reported a significant decline in fourth-quarter profits, although this was not enough to prevent an impressive turnaround in its full-year 2016 results. The Malaysia-based long-haul low-cost carrier (LCC) achieved a net profit of MYR39 million ($8.8 million) in the fourth...

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