AirAsia Berhad posts $64 million 2Q net profit

Credit: Airbus
Malaysian low-cost carrier AirAsia Berhad reported second-quarter net profit of MYR243 million ($64.3 million), a 43.7% year-over-year (YOY) drop from the MYR367.2 million the company posted in the June 2014 quarter. AirAsia said the drop in profit was due to unrealized foreign-exchange losses on...

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