The impact of the increase in fuel prices in the global market is now directly affecting the aviation sector. Due to the ongoing conflict in West Asia, the price of crude oil has increased, and airlines are facing additional costs. In this context, AirAsia CEO Tony Fernandes said that even if the fares increase slightly, they will try to keep them lower than their competitors.
He said that their goal is to maintain the most affordable fares by keeping in mind the interests of passengers. However, in the current situation, it is not possible to completely avoid fare increases. Even so, the company wants to maintain their low-cost advantage.
Indications of Fare Increases
Fuel cost adjustments have become inevitable. However, AirAsia said that they will try to keep fares as low as possible. Their increase is expected to be lower than that of other airlines. As a result, ordinary passengers can still get relatively affordable tickets.
Although fares may increase slightly on some routes. This is seeing mixed reactions among passengers.
No flight Cancellation
The authorities have said that there are no plans to cancel flights despite the increase in costs. Because travel demand is still strong at the moment. Regular flights will continue to operate to meet this demand.
The company is partially bearing the additional costs itself. As a result, the entire burden is not on passengers. This also maintains continuity of service.
Creation of New Opportunities
Major airlines in the Middle East such as Emirates, Etihad Airways and Qatar Airways have reduced their flight capacity. This has reduced about 15 to 20 percent of seats. This situation has created new opportunities for the ASEAN region. As a result, these countries are able to strengthen their position as alternative hubs. AirAsia wants to utilize this opportunity.
Joint Efforts are Needed
Tony Fernandes believes that these additional costs should not be imposed only on airlines. Rather, fuel suppliers, airports and other stakeholders should also come forward. Working together will make it easier to deal with this pressure.
This may make it possible to keep fares stable. In addition, the sustainability of the entire sector can be ensured.
Impact on Passengers
This situation will have a direct impact on passengers. Ticket prices may increase on some routes, which may change travel plans. However, AirAsia promises that the opportunity for affordable travel will not be completely lost. This may give budget travelers some relief. At the same time, this change will make passengers more aware.
Watch the video here:
@malaysiachinainsight AirAsia: To Keep Flights Amid Rising Oil Prices #malaysia #malaysianews #airasia #tonyfernandes #flight #oilprice #oilprices Credit: Bernama TV, Bernama News
♬ original sound – MalaysiaChinaInsight – MalaysiaChinaInsight
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