Maintenance, Fuel Delay AirAsia’s Profitability Despite Rebound
Credit: Rob Finlayson
SINGAPORE—Despite a five-fold increase in revenue, weakness in regional currencies, surging fuel prices and additional MRO costs to reactivate stored aircraft prevented the AirAsia Group, now known as Capital A, from returning to net profit in the second quarter (Q2). Flying with 102 aircraft now...
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