AirAsia X Raises Fares and Cuts Network Amid Middle East Conflict
AirAsia X is responding to the ongoing Middle East conflict by raising fares and fuel surcharges, trimming its network, and cutting costs. The conflict has led to a significant increase in fuel prices, prompting the airline to increase its fuel surcharge by approximately 20% and average fares by 30-40%. The airline's fuel costs have more than doubled, and it currently lacks fuel hedges. In response, AirAsia X is optimizing its network by reducing capacity and merging flights on some routes. The airline has trimmed about 10% of its capacity and is cutting routes where fuel costs cannot be covered. Additionally, AirAsia X is optimizing fleet utilization by sending spare aircraft for maintenance checks earlier. 
