AirAsia X sees significant turnaround in ops

Higher sales: AAX revenue rose 13 in the third quarter ended Sept 30 from a year ago to RM793mil on the back of a 13 increase in scheduled flight revenue and a 155 gain in charter and wet leasing revenue.

PETALING JAYA: AirAsia X Bhd’s (AAX) losing streak continues, as the long-haul budget airline reported its eight consecutive quarter of losses for its third quarter ended Sept 30.

The management, however, sees a significant turnaround in the group’s operations.