Foreign exchange pressures, fuel costs push AirAsia X into the red for FY2013

Credit: By Rob Finlayson
AirAsia X, the long-haul affiliate of Malaysia-based low-cost carrier (LCC) AirAsia, has reported a net loss of MYR86.9 million ($24.5 million) for the financial year to Dec. 31, 2013, reversing the MYR33.9 million profit reported for FY2012. High fuel costs and the strengthening of the dollar...

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