Asia/Pacific

AirAsia to start equity accounting for TAA and IAA from 2013

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AirAsia to start equity accounting for TAA and IAA from 2013

AirAsia will only start equity accounting its share of profits from Thai AirAsia (TAA) and Indonesia AirAsia (IAA) when the unrecognised losses at the carriers have been reversed. However analysts expect the associate airlines will be on target to post a profit from 2013. Analysts added that anot...

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