AirAsia traffic, operating profit rise on domestic network takeover

AirAsia reported MYR5.7 million ($1.6 million) in net income for its fiscal first quarter ended Sept. 30, reduced from an MYR8.7 million profit in the year-ago quarter, a 34.5% drop the airline attributed to more than MYR5 million in deferred taxation that negatively impacted otherwise strong...

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