AirAsia announced an 8% year-over-year increase in first-quarter net income to MYR224.1 million ($68.7 million) on a 10% rise in revenue to MYR878 million. Passengers carried lifted 17.1% to 3.7 million; the airline did not release RPK and ASK figures. CEO Tony Fernandes said the period's major highlights were the "sustained turnaround" of its Thai and Indonesian operations and an "astounding 31% jump in ancillary income." Ancillary revenue comprised 16% of the ...

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