Against intense competition and a falling Ringgit, AirAsia X (AAX) managed to swing back to profit in FY16 with a PAT of RM231m, compared to a loss of RM349m in FY2015. Can the group sustain its performance?

We also get an update of the ongoing Rolls Royce investigation which has implicated AAX.

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Tags:  Air Asia X,  Julian Ng,  MAS,  Tony Fernandes,  crude oil prices,  Ringgit,  Rolls Royce