4 articles
Major airlines are halting fuel hedging amidst soaring jet fuel prices caused by the Iran conflict, warning of steep fare hikes. Carriers like Ryanair and AirAsia cite cost uncertainties, signaling in
AirAsia seeks $1 billion debt refinancing amidst financial strain, with soaring oil prices above $100/barrel cited as a key challenge to profitability and liquidity.
AirAsia X delays payments to suppliers and lessors due to surging fuel costs linked to the Iran conflict, highlighting broader financial strain on budget airlines facing high energy expenses.
AirAsia plans to launch a new airline and expand its fleet with Airbus jets, while CEO Tony Fernandes maintains a strategy of not hedging fuel costs amidst high oil prices driven by geopolitical tensi
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