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Bangkok Post
Bangkok Post
Business

AirAsia parent narrows Q3 loss on strong demand recovery, upbeat outlook

FILE PHOTO: AirAsia planes are seen parked at Kuala Lumpur International Airport 2 in Sepang, Malaysia on Oct 6, 2020. (Reuters)

Capital A Berhad, the parent of Malaysian budget airline AirAsia, reported a narrower third-quarter operating loss on Wednesday, buoyed by a strong rebound in travel demand and the easing of pandemic-related restrictions in Southeast Asia.

It also forecast a positive outlook for the upcoming years on strong sales momentum and reopening of travel restrictions, projecting stronger air passenger traffic in the next quarter.

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