AirAsia X to raise fares, cut capacity over Mideast war
AFP | Kuala Lumpur
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Southeast Asia’s largest lowcost carrier AirAsia X said yesterday it was raising ticket prices by up to 40% and cutting routes to cushion the impact of the war on Iran, but stressed demand for flights remained high.
The Malaysia-based no-frills airline said about 10 percent of its overall flights had been cut so far.
However it said its planned services to Bahrain, the airline’s first Middle East hub, and a move to expand its network beyond Southeast Asia, were still set to launch in June.
AirAsia X chief commercial officer Amanda Woo said the Malaysia-based carrier, which flies to more than 150 destinations across 25 countries, was able to spread operations along routes “where we can recover the high fuel surcharges”.
Airline fares have gone up about “31 to 40% incremental”, Woo said, while fuel surcharges raised by 20%.
The airline was also taking measures to try to rein in price hikes, including reducing baggage fees, she added.
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