AirAsia X targeting ten fold increase in annual revenue by end of 2010

Premium Analysis

AirAsia X stated it is targeting a tenfold increase in annual revenue to USD1 billion by the end of 2010. The carrier plans to reach annual revenue of RM1 billion (USD276 million) in 2009, after slightly over two years of operations, with the carrier expecting to end 2008 with revenue of approximatly USD100 million.

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