AirAsia 3Q Profit Drops 85% on Year

AirAsia 3Q Profit Drops 85% on Year

Assessment

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Business

University

Hard

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AirAsia experienced an 85% drop in profits due to political instability in Thailand and financial support to its Philippine unit. Despite current challenges, lower oil prices and recovering tourism offer hope for improvement. AirAsia X, the long-haul affiliate, continues to struggle with financial issues and may need to raise equity, delay aircraft acquisitions, or cancel orders.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does AirAsia X face in terms of its financial position?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the three options AirAsia X has regarding its aircraft order?

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