Malaysian long-haul budget carrier AirAsia X has reported an 80% fall in Q4 profits from MYR 197.4m ringgit to MYR 39m in Q4 2015.

Revenues for the same period increased by 39% to MYR1.17bn ringgit, with a 40% increase in passengers to 1.38m. The airline attributed the fall in profits to foreign exchange losses.


3 March 2017