AirAsia X Sees Better 2016 After Oil, Ringgit Buoy Earnings

  • Swings to profit for second quarter on passenger demand
  • Fuel needs for rest of the year hedged at average $54 a barrel

AirAsia X Bhd., the long-haul arm of Southeast Asia’s biggest budget carrier, is optimistic about its 2016 earnings after swinging back to profit for a second straight quarter.

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