19-Aug-2010 5:10 PM
AirAsia reports 'record quarter' in 2Q2010; 43% surge in profits; ancillary revenue and pax up
Analysis
AirAsia, the Asia Pacific region's largest LCC, has proven its staying power in a slow but recovering market in 2Q2010, turning in what it describes as a "record quarter" for second quarter revenues. The carrier commented that the result builds on the "momentum of its first quarter profits" and sets the stage for a "potentially dynamic" second half.
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