31-May-2006 10:34 AM
Malaysia's AirAsia Q3 to March net profit down 44 pct on higher costs
Analysis
KUALA LUMPUR (XFN-ASIA) - Budget carrier AirAsia reported a 44 pct year-on-year drop in third-quarter to March net profit, citing intense competition, high promotion costs and a hefty one-off maintenance cost.
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