AirAsia Group Ends 2019 With A Loss; Prepares For COVID-19 Effects

Chen Chuanren February 27, 2020
a320
Credit: AirAsia
After posting a healthy profit of MYR1.7 billion ($401.3 million) in fiscal 2018, AirAsia Group posted a MYR286 million loss for fiscal 2019 ended Dec. 31, 2019, dragged down by its Indian subsidiary and a host of other costs. The Malaysia-based airline group’s loss before tax was MYR549.8 million...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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