AIRASIA GROUP Malaysia-based LCC AirAsia posted a net profit of MYR364.1 million ($113 million) for the full year 2013 on revenue of MYR8.65 billion, compared to a net profit of MYR789.6 million in 2012—a 46% decrease year-on-year. The company attributed the drop primarily to higher expenses for fuel and aircraft maintenance. The AirAsia Group includes newly launched Thai AirAsia, Indonesia AirAsia, Philippines AirAsia, AirAsia Japan and upcoming AirAsia India. The latter ...

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