In its media statement on Friday, AirAsia said that the group’s resilient low-cost model, combined with strategic fare optimisations and ancillary revenue growth, positions it to absorb these industry-wide pressures as it remains focused on long-term growth.
“We have been through many crises before in our 25-year journey, with COVID-19 being by far the most challenging,” said Lingam.
“What is different today is that people can still fly and travel continues.”
The airline is also taking a “disciplined approach to managing the business”, Lingam said, sharing that the airline had managed to recover around 70 per cent of fuel price increases…
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