AirAsia X, the long-haul low-cost airline affiliate of the AirAsia Group, has reported fourth-quarter net income of RM554.2 million ($131 million) compared with a net loss of RM428.5 million in the prior-year period. AirAsia X reported its first profit in nine quarters with a net income of RM201.6 million. A weaker currency led local consumers to seek out cheaper travel options, while visitors from other countries looked at Malaysia as a value-for-money holiday destination, group Chief Executive Officer Tony Fernandes said in a statement. Datuk Kamarudin Meranun, Group CEO of AirAsia X, said: “During the year under review, the Company

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