Fuel costs have impacted AirAsia quarterly profits and the carrier reported its first drop in profit in five quarters. Net income fell 39% to 104.8 million ringgit ($35 million) in the three months ended March 31, while revenue climbed 11% to 1.30 billion ringgit. Fuel costs rose 18% in the quarter to 523 million ringgit, while aircraft lease expense climbed 11% to 44.7 million ringgit. AirAsia also booked foreign exchange loss of 37.7 million ringgit, compared with a gain of 88 million ringgit a year earlier. AirAsia carried more passengers during the period however. Passenger numbers rose by 7% to

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