Malaysian budget airline AirAsia's Q1 loss narrows 4.5%

Malaysian budget airline AirAsia's Q1 loss narrows 4.5%

REUTERS/Beawiharta

A first-quarter net loss at Malaysian flagship budget airline AirAsia Group Bhd narrowed 4.5%, primarily dragged down by depreciation in leased assets and interest on lease liabilities, a stock exchange filing on Thursday showed.