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Fall in jet fuel prices may lift AirAsia profits

Hong Leong Investment Bank sees prices staying at current levels in Q4 and whole of 2015

Kuala Lumpur

THE decline in the price of jet fuel by more than 17 per cent since the first half of 2014 is likely to boost the profitability of low-cost carrier AirAsia at a time when the airline is in danger of being downgraded by aviation analysts.

Jet fuel prices have dropped to