20-Oct-2010 4:08 PM
AirAsia pax up in 3Q; Kalanithi Maran increases SpiceJet stake
Analysis
Shares in AirAsia gained 4.7% as the carrier reported a 12.4% increase in passenger numbers to 4.0 million in the three months ended Sep-2010. Thai AirAsia handled 1.4 million passengers in the period (+8.8%) while Indonesia AirAsia handled 1.1 million passengers (+8.3%). Load factors for the three AirAsia branded airlines were in the 76-81% range.
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