AirAsia X posts higher Q1 revenue due to increased passenger traffic

Its pre-tax profit, however, was lower at RM31.91 million compared with RM218.52 million in the previous corresponding period, it said in a filing to Bursa Malaysia today.

The group said the higher revenue was due to a 33 per cent increase in passenger numbers on the back of a 28 per cent increase in seat capacity.

"Barring any unforeseen circumstances, including terrorist attacks, natural disasters, economic downturn and fluctuation in foreign currencies against the ringgit, AirAsia X expects its prospects to remain positive," it said.