PETALING JAYA (May 23, 2013): AirAsia Bhd, the largest low-cost carrier in Asia, saw its net operating profit for the first quarter ended March 31, 2013 (Q1) grow 3% to RM168.4 million from RM163.5 million a year ago, on higher passenger numbers and increased ancillary income per passenger, average fare and capacity.
The number of passengers carried in Q1 grew 7% to 5.17 million, while ancillary income increased to RM42 per passenger from RM40 a year ago. Its Q1 capacity also increased as the number of aircraft operating in Malaysia rose to 66.
However, net profit for Q1 was lower by 39% to RM104.8 million from RM172.4 million a year ago, due to a RM33 million loss in foreign exchange on borrowings for the January-March 2013 period compared with a gain of RM88.1 million a year ago.
Revenue jumped 8% to RM1.3 billion from RM1.2 billion.
SUMBER --> The Sun Daily
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