Airasia Indonesia: Strong recovery, but still under the water

Airasia Indonesia (CMPP) recorded sales revenue of Rp2.5 trillion in the first nine months of 2022, surged from Rp487.6 billion only in the corresponding period last year. The budget airline, however, booked net losses of Rp1.48 trillion in the period, whilst lower than Rp1.65 trillion in the first nine months of 2021.To subscribe please click here