AirAsia X Makes Progress Toward Financial Turnaround

AirAsia X (AAX) is showing signs of significant financial improvement as it reports results for its first complete quarter since finalizing its debt restructuring. The carrier reports a pre-tax loss of RM65 million ($145 million) for the three months ending June 30, its second quarter. This was...
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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