AirAsia gets boost from strong ringgit

29th Dec 2006

AirAsia expects to release record quarterly results for the three months to December due to a strengthening ringgit and lower fuel prices, the Edge Daily reported, quoting chief executive officer Tony Fernandes. ‘‘There are two major things going in favor of AirAsia: one is oil, the other is the ringgit, which has had a phenomenal appreciation,” Fernandes was quoted as saying.


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