Airlines face fare dilemma as fuel spike threatens travel demand

Airlines face fare dilemma as fuel spike threatens travel demand

Global airlines have begun to hike fares and cut capacity to cope with the sudden surge in the oil price, but the industry's ability to remain profitable may depend on whether consumers pull back on ​flying as gasoline costs threaten household budgets.

Budget airlines built on cheap fares now face a painful reality: Fuel is getting expensive

Budget airlines try to maintain low costs while fuel costs continue to rise

Tony Fernandes: Demand defies fuel spikes, still better than Covid-19 grounding

KUALA LUMPUR: Low-cost carrier AirAsia is still seeing strong flight demand despite rising fuel prices that are affecting aviation companies globally.

Tony Fernandes: AirAsia Fares May Rise Slightly, But Will Remain Competitive

Capital A CEO Tony Fernandes has indicated that AirAsia may implement modest fare increases following the ongoing conflict in West Asia, as rising crude oil prices begin to impact operating costs. However, he stressed that the low-cost carrier intends to keep ticket prices as affordable as possible. Speaking at a press conference, Fernandes acknowledged that higher fuel prices will inevitably lead to some fare adjustments, but maintained that Ai…

US-Israel-Iran conflict: Airlines face fare dilemma as fuel spike threatens travel demand

Record post-pandemic demand for travel and persistent supply-chain challenges had constrained capacity growth and given airlines significant pricing power The post US-Israel-Iran conflict: Airlines face fare dilemma as fuel spike threatens travel demand appeared first on Gulf Business.

AirAsia to keep fares low despite Mideast crisis

Capital A CEO Tony Fernandes says fare hikes are inevitable, but increases will be smaller than those of other airlines.