AirAsia reports first quarterly loss since 2004, but poised for strong final quarter

AirAsia stated it is going through “short-term losses for long-term gains” after unveiling its first quarterly loss since 2004. AirAsia is poised for a strong final quarter having “cleared the decks” of accumulated garbage (ie high fuel costs, hedging losses and surcharges) in the past quarter. Thai AirAsia is mired in that country’s political problems, but the situation in Thailand could turn out to be a major opportunity.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,625 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.