AirAsia X releases Q2 2019 results

AirAsia X has reported its net cash generated from operating activities stood at RM 268.8 million (approximately $68 million) for the second quarter of 2019. The result is a significant increase from RM 23 million experienced in the same period a year ago. In 2Q19, the Company posted EBITDA of RM121 million against last year’s loss of RM60 million. Net loss for the quarter stands at RM207 million, as compared to a net loss of RM57 million in the second quarter of 2018. The airline posted Revenue per Available Seat Kilometre (RASK) of 12.03 sen, up by 2% on the