EVENING 5: AirAsia swings to loss in 1QFY20

EVENING 5: AirAsia swings to loss in 1QFY20

AirAsia swings to a net loss of RM803.8mil in 1QFY20, hurt by weaker travel demand amid the Covid-19 outbreak. Meanwhile, CGS-CIMB Research says a realignment of the ECRL could inflate the project’s current cost by up to RM20 billion.

EVENING,AirAsia,swings