AirAsia X reported a first-quarter group net profit of RM41.5 million ($10.4 million), up from a profit of RM10.3 million in the same period last year. Revenue for the quarter rose by 7% in the quarter, although average fares were down 3% and unit revenue declined 2%. Group capacity increased 10%. Unit costs declined 2% mainly because of a stronger Malaysian currency versus the US dollar, and unit costs excluding fuel were down 10%. AirAsia X is planning further fleet and network … For more details click here.
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