Airline

AirAsia quarterly profit falls

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AirAsia quarterly profit falls

Fuel costs have impacted AirAsia quarterly profits and the carrier reported its first drop in profit in five quarters. Net income fell 39% to 104.8 million ringgit ($35 million) in the three months ended March 31, while revenue climbed 11% to 1.30 billion ringgit. Fuel costs rose 18% in the quarter ...

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