News
AirAsia Indonesia trimmed annual losses to US$68 million in 2023
May 13th 2024
AirAsia Indonesia (AAI) reported a net loss of 1.1 trillion rupiah (US$68 million) for the 12 months to last December 31 compared with net losses of 1.6 trillion rupiah in calendar 2022. Read More » Operating revenue spiked at 75.2% or 6.6 trillion rupiah, AAI said in a regulatory filing. AAI CEO, Veranita Yosephine, said the LCC’s operations were continuing to recover from the pandemic. In terms of current operating conditions, AAI highlighted management of higher fuel prices and an increase in MRO expenses as concerns.
