AirAsia X Slips Into Red As Middle East Crisis Drives Cost Pressure

AirAsia A321LR
Credit: AirAsia X
SINGAPORE—AirAsia X is taking steps to preserve cash as it prepares for the impact of the Middle East conflict and rising operating costs. Despite double-digit growth in operational metrics, the LCC group reported a net loss in its first quarter since consolidating all air operator certificates...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for Aviation Week's Air Transport World magazine and the Asia-Pacific Defense Correspondent for Aviation Week.

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