(Corrects first paragraph to read "...and load factor." instead
of ...and improvements at its loss-making affiliates.")
KUALA LUMPUR May 25 Malaysian low-cost airline
AirAsia Bhd reported a 30 percent drop in its
quarterly net profit as higher fuel expenses offset a rise in
passenger numbers and load factor.
Net profit for the first quarter ended March 30 was 615.8
million ringgit ($143.98 million), versus the 877.8 million
ringgit reported a year earlier.
AirAsia's revenue rose 31 percent to 2.2 billion ringgit.
($1 = 4.2770 ringgit)
(Reporting by Liz Lee; Editing by Muralikumar Anantharaman)