AIRASIA GROUP Malaysia-based low-cost carrier AirAsia posted a net profit of RM1.9 billion ($613 million) for the full year 2012, on revenue of RM4.99 billion, an 11% increase year-on-year. AirAsia Group, which includes Thai AirAsia, Indonesia AirAsia, Philippines AirAsia, AirAsia Japan, and upcoming AirAsia India, a joint venture with Tata Group that is expected to launch by the 2013 fourth quarter, underwent major structural changes in 2012 with the set-up of regional ...

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