Asia/Pacific

AirAsia X posts strong Q1 with net profit of RM328 million

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AirAsia X posts strong Q1 with net profit of RM328 million

AirAsia X posted a net profit of RM328 million in Q1 of 2023 and returned shareholder equity to the positive side of the ledger. In the Q1 of 2023, AAX generated revenue of RM548.8 million around 50% of what it earned in 1Q 2019. Although it is still under the Practice Note 17 classification, AAX p...

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