26-Nov-2010 3:13 PM
AirAsia posts strong results; bullish entering 4Q
Analysis
AirAsia, Southeast Asia's largest LCC, gained 4.1% yesterday as the company announced it more than doubled its 3Q net income to MYR327.3 million (USD105 million) on the back of higher operating revenue, traffic volumes and improved yields. AirAsia closed at MYR2.61, its highest level since 22-Oct-2010. Rival Malaysia Airlines also posted strong results yesterday.
Read More
This CAPA Analysis Report is 203 words.
You must log in to read the rest of this article.
Got an account? Log In
Create a CAPA Account
Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.
| Inclusions | Content Lite User | CAPA Member |
|---|---|---|
| News | ||
| Non-Premium Analysis | ||
| Premium Analysis | ||
| Data Centre | ||
| Selected Research Publications |