KUALA LUMPUR, Nov 20 — AirAsia Bhd’s pre-tax profit for the third quarter ended September 30, 2013 declined to RM25.11 million from RM259.10 million in the same quarter of 2012.
Revenue increased to RM1.28 billion from RM1.24 billion previously.
In a filing to Bursa Malaysia today, AirAsia said the better revenue was derived from the increase in the number of passengers carried.
AirAsia Group Chief Executive Officer (CEO), Tan Sri Tony Fernandes, said Executive Chairman, Datuk Kamarudin Meranun, would return to Malaysia to ensure the company was a step ahead with its local stakeholders, governmental bodies and the bodies or companies relating to KLIA2.
“As a whole, both me and Kamaruddin will together with all the respective country CEOs of Malaysia, Thailand, Indonesia, the Philippines and soon India will ensure our brand value, cost efficiency, profit and operational performance are aligned to combat off any competition,” he said.
Looking forward, Fernandes said the group was focused on improving group loads and revenue per available seat kilometre by offering low fares, while driving costs down. — Bernama
