AirAsia X posts quarterly profit

Juliette O'Neill
By Juliette O'Neill August 24, 2016 13:53

AirAsia X posts quarterly profit

AirAsia X has reported net profit for the three months to the end of June 2016 of 1.0 million ringgit ($248,508), compared with a loss of 132.9 million ringgit in the same period last year. Revenue increased by 35% to 883.2 million ringgit.

The airline benefitted from a 27% rise in passenger traffic for the quarter, with a seven percentage points hike in load factor to 75%.

Juliette O'Neill
By Juliette O'Neill August 24, 2016 13:53