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| AirAsia post net profit RM203.15m in 1Q |
| Written by Isabelle Francis | |||
| Thursday, 28 May 2009 18:04 | |||
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KUALA LUMPUR: AirAsia Bhd’s earnings rose 26% to RM203.15 million in the first quarter, up 26% from RM161.28 million a year ago. It said on May 28 the higher earnings were due to higher yields, lower unit costs and one-off Rm48.53 million item gain. Revenue rose 33% to RM714.18 million from RM535.32 million. Yield rose 12% to 13.7 sen per ASK, while unit costs fell 18% to 8.6 sen per ASK while load factor declined to 69.7%.
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