AirAsia X Reduces Flight Network, Raises Fares

Malaysia-based low-cost carrier AirAsia X has begun taking operational and financial measures in response to rising costs driven by developments in the Middle East.

The company announced an approximately 20 percent increase in fuel surcharges, while ticket prices have risen by 30 to 40 percent. The primary reason cited for this increase is that aviation fuel costs have more than doubled.

AirAsia X has also canceled around 10 percent of its flights in order to optimize operations. The cancellations are reported to have mainly affected low-yield experimental routes. Founder Tony Fernandes described the situation as “a real crisis,” but expressed confidence that the company can overcome it, drawing on experience gained during the pandemic.