AirAsia Group boosts first-quarter operating profit 46%

AirAsia X A330-200. Photo: Courtesy, Airbus. Despite soaring fuel prices, the AirAsia Group posted a 46% year-over-year lift in first-quarter operating profit to MYR241.72 million ($79.4 million) on a 20% increase in revenue to MYR1.05 billion. However, its MYR171.93 million after-tax profit was...

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