AirAsia suffers painful loss as COVID-19 crisis bites

Airline says travel restrictions collapsed demand for air travel

Southeast Asia's biggest low-cost airline, AirAsia registered a net loss of 803.85 million ringgit for the three months to March 31, compared to a net profit of 96.09 million ringgit for the same period last year. (Photo by Takaki Kashiwabara)

P PREM KUMAR, Nikkei staff writerJuly 6, 2020 20:54 JST | Malaysia

KUALA LUMPUR -- Low-cost Southeast Asian carrier AirAsia Group reported a 804 million ringgit ($188 million) first-quarter loss on Monday, reversing a 96 million ringgit profit for the same period last year.

AirAsia suffers painful loss as COVID-19 crisis bites

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AirAsia suffers painful loss as COVID-19 crisis bites

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