Malaysian long-haul, low-cost carrier AirAsia X reported a third-quarter net loss of MYR211 million ($62.7 million), reversing a profit of MYR26.4 million in the year-ago period. The AirAsia Group affiliate said that—although an excess of capacity and some softening in demand in its home market were continuing to have a negative effect on the bottom line—the airline was also seeing a slight improvement in yields and healthy growth in passenger numbers.  In addition, a ...

Subscribe to Access this Entire Article

"AirAsia X reports 3Q net loss on capacity surge" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.