AirAsia's MYR180 million ($53.6 million) profit in its first fiscal quarter ended Sept. 30 represented a huge improvement over the MYR70 million reported in the year-ago period and, according to CEO Tony Fernandes, "shows the maturity of our marketing strategy whereby we are able to turn the traditionally weakest quarter and deliver strong results." Despite a "very difficult economic environment," the company enjoyed a 39% year-over-year increase in revenue to MYR461.6 million and a 10% gain ...

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