AirAsia X operating profit down 27% in 2013, reports net loss

AirAsia X revenue up 17% - financial highlights for 2013:

• Revenue: MYR2307 million (USD732.4 million), +17.3% year-on-year;
• • Ancillary: MYR451.6 million (USD143.3 million), +24.1%;
• Total operating costs: MYR2297 million (USD729.1 million), +19.3%;
• • Fuel: MYR1098 million (USD348.5 million), +18.7%;
  • Aircraft operating lease: MYR432.1 million, +13.3%;
• Operating profit: MYR35.7 million (USD11.3 million), -27.2%;
• Net profit (loss): (MYR87.0 million) (USD27.6 million), compared to a profit of MYR33.9 million (USD10.7 million) in p-c-p;
• Total assets: MYR3994 million (USD1268 million);
• Deposits, cash and bank balances: MYR264.7 million (USD84.0 million);
• Total liabilities: MYR2757 million (USD875.0 million). [more - original PR]

*Based on the average conversion rate at USD1 = MYR3.1507