Malaysia-based AirAsia achieved a net profit of MYR341.9 million ($84.5 million) for the second quarter, up 41% from net profit of MYR243 million in the previous year. Second-quarter operating profit more than doubled to MYR276.3 million. Strong revenue performance was one of the main factors, with a 23% rise in the second quarter. Traffic growth of 19% outstripped a capacity gain of 10%. Unit revenue for the quarter increased 11%, and average fare was up 8%. Unit costs dropped 2%, mainly ...

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