MAHB slips into red with RM20.37 mln net loss in Q1
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) incurred a net loss of RM20.37 million in the first quarter (Q1) ended March 31, 2020 against a net profit of RM149.58 million in the corresponding quarter a year ago. Revenue eased to RM933.83 million from RM1.25 billion previously, in tandem with the contraction in passenger movements of […]
AirAsia Group records healthy load factor in Q1
KUALA LUMPUR: AirAsia Group Bhd reported a healthy group-wide load factor of 80 per cent for the first quarter (Q1) of 2020, which was better than its expected 77 per cent, despite weak travel demand due to unprecedented travel restrictions following the Covid-19 pandemic. “This was achieved through proactive capacity management, particularly in the months […]
