ABU DHABI / WAM Ethmar International Holding (EIH), the UAE’s leading progressive investment holding, is …
Read More »AirAsia’s new lease of life risks an erosion of income
Bloomberg How do airlines make money? You might be tempted to answer, “by selling plane tickets.” But it’s rarely as simple as that. Take AirAsia Bhd., the Malaysian budget carrier that reported third-quarter results on Thursday. It’s become so dominant in Southeast Asia that rivals have started ganging up on it. Yet you have to go back as far …
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