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DECEMBER 2022

Week 48

News

AirAsia Indonesia reports US$96 million annual loss

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December 2nd 2022

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PT AirAsia Indonesia (AAI) has recorded a net loss of 1.5 trillion rupiah (US$96 million) for the 12 months to September 30 against a 1.6 trillion rupiah loss for the previous 12 months. Read More » Operating revenue rose 414%, to 2.5 billion rupiah, AAI told Indonesia's IDX stock exchange. Returning to normal operations after resumption of flying in October 2021 has been slow, AAI said, due to travel restrictions, limitations on passenger capacity from physical distancing on board, closed international borders, COVID-19 testing requirements and customer avoidance of non-essential travel.

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