AirAsia first-quarter profit up 8%

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...

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