00:01AirAsia X is adjusting capacity, tightening costs, and adjusting fares to mitigate rising fuel prices, says its co-founder and
00:09advisor Tony Fernandez.
00:11Fernandez, who is also the CEO of Capital A, said the low-cost carrier would trim capacity and revise fares
00:18upwards to cushion the impact of higher fuel costs stemming from the West Asia crisis,
00:23adding that such adjustments were necessary to sustain operations amid the ongoing volatility.
00:30He said the airline was leveraging its experience from past crises, including the COVID-19 pandemic, to navigate the current
00:37challenges, adding that demand for air travel remained resilient despite rising costs, Fernandez reported.
00:44AirAsia X Group CEO Bo Lingam said the airline would continue to revise fares based on the current situation and
00:51fuel prices, adding that any increase would be implemented carefully to balance affordability and cost recovery.
00:58To date, he said AirAsia X had reduced about 10% of its flights, largely reflecting seasonal demand patterns following
01:06the Hari Raya peak period.
01:08He added that AirAsia's extensive domestic and ASEAN network allowed the airline to spread capacity efficiently while maintaining competitive pricing
01:17across markets.
01:18He said AirAsia X on YouTube, FM видите.
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