AAX Steers Back On Course
Benyamin Ismail, Chief Executive Officer, AirAsia X Berhad
15-Mar-17 08:05
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Against intense competition and a falling Ringgit, AirAsia X (AAX) managed to swing back to profit in FY16 with a PAT of RM231m, compared to a loss of RM349m in FY2015. Can the group sustain its performance?
We also get an update of the ongoing Rolls Royce investigation which has implicated AAX.
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Tags: Air Asia X, Julian Ng, MAS, Tony Fernandes, crude oil prices, Ringgit, Rolls Royce