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The Economic Times
The Economic Times

AirAsia X to keep lowering fares as jet fuel prices fall

AirAsia X Airbus

Malaysian budget carrier AirAsia X has lowered fares by 5% since June 15, with the airline reviewing its pricing week by ‌week and adding ⁠back capacity as ⁠jet fuel prices drop, the company's CEO, Bo Lingam, said on Monday.

Lingam said the easing of tensions in the Middle East following the ​signing of an initial U.S.-Iran peace deal had brought welcome relief to the aviation industry, with fuel prices retreating sharply from their ​March highs.

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