Monday 17 December 2018
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todayonline - 26 days ago

Malaysia s AirAsia X reports larger third quarter loss

KUALA LUMPUR - Malaysia s AirAsia X Bhd lt;AIRX.KL gt; reported a third-quarter net loss of 197.5 million ringgit ($47.10 million) on Wednesday dragged down by higher fuel prices. The long-haul budget offshoot of AirAsia Group Bhd lt;AIRA.KL gt; posted a loss of 43.3 million ringgit for the July-September quarter a year earlier. Revenue fell 4.2 percent to 1.08 billion ringgit on lower fares. REUTERS

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