Malaysian long-haul, low-cost carrier AirAsia X Berhad (AAX) reported a RM1.02 million ($252,241) net profit for the 2016 second quarter, the first 2Q net profit since the airline’s 2007 inception, the company said. AirAsia X posted a RM133 million net loss in 2Q 2015.

Revenue for the quarter was up 35.2% year-over-year (YOY) to RM218 million while expenses increased 14.6% YOY to RM863 million; the airline group posted an operating profit of RM20 million, reversed from a RM99.9 million loss in the year-ago quarter.

AirAsia X Berhad’s 2Q growth was attributable to “better average base fare and load factor improvement … across all core routes, especially China,” the airline said. Australian traffic also contributed to the carrier’s performance during the quarter, as passenger revenue from the country increased 56% YOY.  China’s revenue was up 47% YOY during the quarter, the airline said.

“The future for AAX Group will see us expanding to China and other core markets, in line with our strategy to build market dominance within the region,” AAX Group CEO Datuk Kamarudin Meranun said.

AirAsia X’s consolidated passenger traffic grew 29.3% YOY during the quarter to 5.03 billion RPKs, as capacity increased 17.4% YOY to 6.68 billion ASKs. The group showed a 75% passenger load factor for the quarter, up seven points YOY. Yield was up 5% YOY to 3.30 [US] cents.

“We took delivery of two aircraft [in 2Q 2016], both under operating lease for our Malaysian operation … bringing our total fleet to 30 [Airbus A330-300s] as of August 2016,” Meranun said. “There will be no more deliveries until 2018.”