AirAsia back in the black

AirAsia earned a MYR549.1 million ($161.1 million) profit in 2009, reversed from a restated MYR496.6 million loss in 2008, as it opened four new bases and grew market share "in every market we serve," according to CEO Tony Fernandes. The LCC's 2008 loss was its first since going public in 2004, and...

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