AirAsia X reports 3Q net loss on capacity surge

Credit: Rob Finlayson
Malaysian long-haul, low-cost carrier AirAsia X reported a third-quarter net loss of MYR211 million ($62.7 million), reversing a profit of MYR26.4 million in the year-ago period . The AirAsia Group affiliate said that—although an excess of capacity and some softening in demand in its home market...

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