AirAsia Expects Modest Fare Hikes But Maintains Low-Cost Positioning KUALA LUMPUR, March 30 (Bernama) — Capital A chief executive officer Tan Sri Tony Fernandes said AirAsia fares may see a modest increase while remaining affordable, following the conflict in West Asia. He said that the low-cost carrier will not cancel flights amid rising crude oil prices, as demand remains strong. “We will not be cancelling flights as demand is good. We are doing our best to keep fares as low as possible, but we will require support from other parts of the aviation ecosystem,” Fernandes told a press conference here today. He said higher fuel costs will inevitably lead […]

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