AirAsia X is lowering its ticket prices further as jet fuel costs decline, according to comments from group CEO Bo Lingam. The airline says it has been using the previous three months to improve performance by cutting “underperforming flights,” shifting demand, and renegotiating contracts with vendors and lessors. In addition, AirAsia X is continuing to review and adjust fares on an ongoing basis. The carrier says it will monitor pricing weekly and reduce fares where appropriate in response to changes in fuel costs and market conditions. The changes come as the airline continues efforts to rebalance operations and expenses, including cost adjustments tied to suppliers and aircraft leasing arrangements. While the sources focus on the move to lower prices, they do not specify the exact percentage of fare reductions or the specific routes affected. Overall, both reports describe a pricing strategy linked to falling fuel prices and ongoing weekly review of ticket costs, alongside internal operational and contract renegotiation steps.
AirAsia X cuts fares further as jet fuel prices fall
AirAsia X is lowering its ticket prices further as jet fuel costs decline, according to comments from group CEO Bo Lingam. The airline says it has been using the previous three months to improve perfo...
- AirAsia X lowers ticket prices as jet fuel prices fall.
- Group CEO Bo Lingam says fares are reviewed weekly.
- The airline previously cut “underperforming flights.”
- AirAsia X says it shifted demand and renegotiated vendor and lessor contracts over the past three months.
- The reports do not specify exact fare-cut percentages or routes affected.
The airline will continue reviewing ticket prices weekly, says group CEO Bo Lingam.
2 months agoThe airline had used the past three months to cut “underperforming flights”, shift demand and renegotiate contracts with all vendors and lessors, CEO Bo Lingam said
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