AirAsia’s profits hit by rising fuel costs: Near term outlook solid, but squeeze in 2011?

Premium Analysis

AirAsia reported strong revenue, passenger growth and margins in its latest financial report for the three months ended 31-Mar-2010. The carrier is also optimistic about the outlook for its business. One pleasing aspect was the substantial improvement in AirAsia’s openness and transparency regarding the performance of its Indonesian and Thai operations, as preparations begin for a potential IPO of Thai AirAsia. Investors welcomed the overall result, sending AirAsia’s shares 4.3% higher on the day of the earnings report (31-May-2010).

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 2,116 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.