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AirAsia's Q3 profit sinks 77.5%

[KUALA LUMPUR] Malaysia's AirAsia Bhd, Asia's biggest budget airline by passenger traffic, saw its third-quarter profit plunge 77.5 per cent as forex losses on borrowings and a strategy of offering low ticket fares ate into margins.

Net profit for the three months ended Sept 30 fell to RM35.8 million...

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