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KUALA LUMPUR -- Capital A, the parent of budget airline AirAsia, reported on Thursday its first full-year profit since the COVID-19 pandemic struck four years ago thanks to strong travel and freight demand.
Capital A recorded a net profit of 507.6 million ringgit ($107 million) for the year ended in December, swinging from a loss of 3.3 billion ringgit in the previous year, it said in a statement.
