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AirAsia X swings into the black; upbeat about 2016 earnings

Published Wed, May 25, 2016 · 09:50 PM

Kuala Lumpur

AIRASIA X Bhd, the long-haul arm of South-east Asia's biggest budget carrier, is optimistic about its 2016 earnings after swinging back to profit for a second straight quarter.

Better fares, a strengthening ringgit and lower fuel costs during the quarter helped boost earnings, chief executive officer Benyamin Ismail said on Tuesday. The Kuala Lumpur-based airline, which had reported eight conse…

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Companies & Markets

AirAsia X swings into the black; upbeat about 2016 earnings

Transport & Logistics

GM CEO Barra compensation fell 4% in 2023 to US$27.8 million

Boeing reports first revenue drop in 7 quarters as deliveries decline

Volkswagen to keep China market share stable as price war rages

COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill

Tesla profits tumble but shares rise on new vehicle plan

Volvo Cars see good demand this year after higher Q1 unit sales

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