Malaysian budget airline AirAsia Group Bhd said its net loss for the third quarter ended on Sep. 30 widened to 887 million ringgit ($212 million) versus 851.8 million ringgit ($203 million) a year earlier, citing a shortfall in revenue and a foreign exchange loss.
Revenue for the period plunged 37 percent to 295.9 million ringgit ($70.47 million) due to lower travel demand amid the lockdown imposed in Malaysia, which has been in effect since January 2021.
