Although it was affected by high fuel costs, fewer than expected aircraft in operation and the dampening of air travel following the December tsunami, multiple earthquakes off Sumatra and civil unrest in Thailand, AirAsia reported net income of 40.7 million ringgit ($10.7 million) for the fiscal third quarter ended March 31, up significantly over net income of 16.2 million ringgit in the year-ago period. "AirAsia continues to make strides in the aviation industry as we retain our strong ...

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