AirAsia's Q2 profits slumps 62pct to US$17.7mil


Reuters            

Malaysia’s AirAsia Bhd, South-East Asia’s biggest budget airline by passenger traffic, posted a 62 percent fall in second-quarter profit, hurt by higher operating expenses, foreign exchange losses on borrowings and deferred taxation.


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AirAsia's Q2 profits slumps 62pct to US$17.7mil

Reuters,

Malaysia’s AirAsia Bhd, South-East Asia’s biggest budget airline by passenger traffic, posted a 62 percent fall in second-quarter profit, hurt by higher operating expenses, foreign exchange losses on borrowings and deferred taxation.


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