AirAsia X Bhd 2015 AR2
The report outlines AirAsia X's performance and strategic turnaround initiatives for the fiscal year 2015. Facing significant challenges from overcapacity and currency fluctuations, the company implemented network consolidation, manpower optimization, and operational cost-cutting measures, leading to a net profit of RM197 million in the fourth quarter of 2015. The airline expanded its network to 19 routes across nine countries, including new destinations like Sapporo and New Delhi. Additionally, the report highlights the company's sustainability efforts across community, marketplace, workplace, and environmental dimensions, alongside its commitment to maintaining low-cost leadership in the long-haul segment.
Company: AirAsia X Bhd
Sector: Transport & logistics
Country: Malaysia
Year: 2015
Type: AR2
Pages: 75
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AirAsia X Bhd
Annual Report
The report outlines AirAsia X's performance and strategic turnaround initiatives for the fiscal year 2015. Facing significant challenges from overcapacity and currency fluctuations, the company implemented network consolidation, manpower optimization, and operational cost-cutting measures, leading to a net profit of RM197 million in the fourth quarter of 2015. The airline expanded its network to 19 routes across nine countries, including new destinations like Sapporo and New Delhi. Additionally, the report highlights the company's sustainability efforts across community, marketplace, workplace, and environmental dimensions, alongside its commitment to maintaining low-cost leadership in the long-haul segment.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees