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AirAsia Group posts third quarter 2018 revenue of RM2.61 billion

AirAsia Group has posted third quarter 2018 revenue of RM2.61 billion, up 7% year-on-year from RM2.45 billion in the same quarter in 2017. Revenue growth was supported by a healthy load factor of 82% and 9% increase in passengers carried recording 10.80 million pax as compared to the same quarter last year.

Net operating profit achieved RM124.9 million despite much higher overall costs in fuel.

Operating cash flow for the quarter under review was at RM1.63 billion, while net cash flow was reported at RM2.57 billion resulting from the proceeds of the aircraft disposal transaction.

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