Bo Lingam, who will head the merged listed entity in September, says strong demand means airfares are unlikely to return to pre-pandemic levels any time soon.
Read More: https://www.freemalaysiatoday.com/category/nation/2024/06/24/high-airfares-to-persist-as-travel-booms-new-airasia-group-boss-says/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
Subscribe to our channel - http://bit.ly/2Qo08ry
------------------------------------------------------------------------------------------------------------------------------------------------------
Check us out at https://www.freemalaysiatoday.com
Follow FMT on Facebook: https://bit.ly/49JJoo5
Follow FMT on Dailymotion: https://bit.ly/2WGITHM
Follow FMT on X: https://bit.ly/48zARSW
Follow FMT on Instagram: https://bit.ly/48Cq76h
Follow FMT on TikTok : https://bit.ly/3uKuQFp
Follow FMT Berita on TikTok: https://bit.ly/48vpnQG
Follow FMT Telegram - https://bit.ly/42VyzMX
Follow FMT LinkedIn - https://bit.ly/42YytEb
Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj
Follow FMT on WhatsApp: https://bit.ly/49GMbxW
------------------------------------------------------------------------------------------------------------------------------------------------------
Download FMT News App:
Google Play – http://bit.ly/2YSuV46
App Store – https://apple.co/2HNH7gZ
Huawei AppGallery - https://bit.ly/2D2OpNP
#FMTNews #AirAsia #HighAirfares #TravelBooms
Read More: https://www.freemalaysiatoday.com/category/nation/2024/06/24/high-airfares-to-persist-as-travel-booms-new-airasia-group-boss-says/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
Subscribe to our channel - http://bit.ly/2Qo08ry
------------------------------------------------------------------------------------------------------------------------------------------------------
Check us out at https://www.freemalaysiatoday.com
Follow FMT on Facebook: https://bit.ly/49JJoo5
Follow FMT on Dailymotion: https://bit.ly/2WGITHM
Follow FMT on X: https://bit.ly/48zARSW
Follow FMT on Instagram: https://bit.ly/48Cq76h
Follow FMT on TikTok : https://bit.ly/3uKuQFp
Follow FMT Berita on TikTok: https://bit.ly/48vpnQG
Follow FMT Telegram - https://bit.ly/42VyzMX
Follow FMT LinkedIn - https://bit.ly/42YytEb
Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj
Follow FMT on WhatsApp: https://bit.ly/49GMbxW
------------------------------------------------------------------------------------------------------------------------------------------------------
Download FMT News App:
Google Play – http://bit.ly/2YSuV46
App Store – https://apple.co/2HNH7gZ
Huawei AppGallery - https://bit.ly/2D2OpNP
#FMTNews #AirAsia #HighAirfares #TravelBooms
Category
🗞
NewsTranscript
00:00AirAsia Aviation CEO Bo Lingham predicts that high airfares will persist amidst the world's
00:07post-pandemic travel boom. He said travelers may see a little reprieve next year as jet fuel prices
00:14decline and the airline's flight capacity rises, but said strong demand means pre-pandemic fare
00:20levels are unlikely to return anytime soon, Bloomberg reported. Bo said AirAsia's current
00:26load factor is around 90% which was unheard of pre-COVID times. Travel demand ballooned after
00:33the pandemic which made ticket prices surge faster than inflation in many parts of the world.
00:39However, a series of supply chain constraints from aircraft delivery delays to unplanned
00:44engine maintenance has left many airlines struggling to roll out enough flights.
00:50For AirAsia, the demand is underpinning ambitions to establish the world's first
00:55low-cost carrier network by 2030 using its Southeast Asia basis as a hub. Bo added that
01:01further afield routes will be serviced by Airbus SE's new long-range A321 models
01:07which can fly further at an economical cost. Natasha Biest, FMT News