Business

AirAsia X shares dip in early trade

Counter eases a half-sen, with 7.63 million units changing hands

Updated 5 years ago · Published on 20 Nov 2020 12:45PM

AirAsia X shares dip in early trade
AirAsia X reports that its net loss for the third quarter ended September 30 has widened to RM308.46 million. – November 20, 2020

KUALA LUMPUR – AirAsia X Bhd shares on Bursa Malaysia declined slightly in early trade today, as the group reported that its net loss for the third quarter ended September 30 has widened to RM308.46 million.

As at 11.25am, the counter eased half a sen to 6 sen, with 7.63 million shares changing hands.

The closure of international borders due to the Covid-19 pandemic dragged the long-haul carrier’s revenue down by 94% to RM59.91 million during the quarter under review from RM1.01 billion previously, it said in a filing with Bursa yesterday. – Bernama, November 20, 2020

Related News

World / 4d

AirAsia flight undergoes cleaning after passenger ‘incident’ before Shanghai landing

Malaysia / 2mth

AirAsia apologises over seat incident involving girl with cerebral palsy

Off beat / 3mth

AirAsia pilot executes dramatic landing amid intense Taiwan crosswinds (video)

Business / 3mth

Airbus A220 deal will cost US$19 billion - Fernandes

World / 3mth

Bomb scare: AirAsia flight from Krabi delayed more than four hours

Malaysia / 4mth

Ex-AirAsia co-pilot awarded RM147,400 over unlawful dismissal

Spotlight

Malaysia

Elderly man admits to hitting neighbour with iron rod

Malaysia

Body found at KLIA2 in tyre storage compartment of aircraft from Japan

Malaysia

Factory operator faces rape, unnatural sex charges involving polytechnic student

Malaysia

Ismail Sabri granted RM300k bail after pleading not guilty to asset declaration charge

By Alfian Z.M. Tahir

Malaysia

Sunway Lagoon ride halted as safety probe seeks to protect public - DOSH

Malaysia

Malaysia ready to deploy military expertise for Nepal flood relief, says Defence Minister

Malaysia

Violence in Thailand: Visitors drop by almost 50 per cent

By Ian McIntyre

You may be interested

Business

Asia-Pacific growth set to slow as tariffs, geopolitical risks raise economic pressure

Business

Oil slides as Iran-Oman Hormuz talks raise hopes of easing tensions

Business

Moves in major US stock indices could spill into currency and gold markets

By Alfian Z.M. Tahir

Business

Robo.ai Inc announces appointment of new independent director

By Alfian Z.M. Tahir

Business

Oil falls for fourth day as Hormuz supply fears ease

Business

K8 Cargo: Company still in limbo, claims CEO