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AirAsia to post strong results in 3Q and 4Q; Thai AirAsia to report profit of USD40m in 2010

Analysis

AirAsia CEO Tony Fernandes yesterday confirmed the group's Board of Directors would decide in Jan-2011 on how much of a dividend it would pay shareholders. He separately commented that the carrier expects to post a strong result in 3Q2010, while 4Q2010 will provide its strongest quarterly results ever.

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