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AirAsia X forecasts revenue to continue to rise in 2H2009

Premium Analysis

AirAsia announced earlier in Aug-2009, that AirAsia X remained a profitable subsidiary for the group with a strong cash flow in 1H2009, forecasting revenues would continue to increase in 2H2009, with forward loads currently stronger than they were in the first six months of the year. The carrier reported a core operating profit of USD1.3 million for the period.

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