Forex-rate changes, higher costs result in losses for AirAsia

Budget carrier AirAsia reported a wider fourth-quarter net loss of 429 million ringgit ($120 million) on Thursday, blaming exchange-rate changes and finance costs related to aircraft purchases. Flight QZ8501 was operated by Indonesia AirAsia -- the group's Jakarta-based affiliate -- and crashed into the Java Sea on December 28 en route to Singapore from the Indonesian city of Surabaya, with 162 ...