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PT AirAsia Indonesia bottom line impacted by strong U.S. dollar
March 31st 2025
AirAsia Indonesia has reported net losses of 1.5 trillion rupiah (US$92 million) for the 12 months to December 31 compared with a net loss of 1.1 trillion rupiah in the previous year. Read More » Revenue increased 19.9%, to 7.9 trillion rupiah, the LCC said, but the weakening of the rupiah against the U.S. dollar took the LCC deeper into the red. AirAsia Indonesia CEO, Veranita Yosephine, said the airline is focused on strengthening its network by adding international destinations to its schedule, including Australia, and expanding domestic connectivity. It aims to increase its load factor by connecting passengers through hubs using its Fly-Thru service.
