AirAsia posted an eightfold increase in 4Q2010 net profit to MYR316.6 million (USD103 million) as higher fares and ancillary revenues helped counter a 33% increase in fuel costs. AirAsia stated the outlook for 1Q2011 is positive despite turmoil in the Arab world which is impacting fuel prices. The AirAsia Group reported a combined EBITDAR of USD263 million in 4Q2010, a 135% year-on-year increase and for an industry-leading 49% EBITDAR margin. Revenue, profit after tax, load factors, RASK and average fares all set new records in the quarter. Profit after tax, meanwhile, exceeded the MYR1 billion market at at MRY1.07 billion (USD350 million) in 2010.