Heathrow Airport experienced a five percent passenger decline in April to 6.7 million, attributable to Middle East conflict disruptions, though year-to-date growth remained modest at 1.2 percent amid broader jet fuel crisis concerns.
Air Asia orders 150 Airbus A220s, a $19bn deal, with wings made in Belfast.
AirAsia orders 150 Airbus A220 jets valued at $19 billion to boost efficiency.
Tony Fernandes says Malaysia must capitalize on the Middle East crisis to rethink its economic model.
AirAsia X raises ticket prices by 40% and cuts capacity by 10% due to increased fuel costs from the Iran war.
AirAsia is launching a new airline despite high oil costs, betting on future payoffs.
AirAsia's chief says the jet fuel crisis is worse than Covid for airlines due to tripled costs.
Airbus Canada secured AirAsia's historic 150-plane A220 order, marking the largest single purchase in manufacturer history and delivering a multibillion-dollar boost to Quebec's aviation sector and 5,000 Mirabel workers, though production profitability challenges remain.
Malaysia-based AirAsia X raised fares after jet fuel prices surged to approximately $200 per barrel from $90 before regional conflict, directly impacting its expanded network of seven consolidated airlines and forcing capacity reductions across unprofitable routes.
AirAsia ordered 150 Airbus A220 jets in the largest single A220 order ever, pushing the program past 1,000 firm orders, as the airline becomes launch customer for a new 160-seat cabin configuration to expand Asian routes.
AirAsia chief says jet fuel crisis is worse than Covid for airlines, with prices tripling.
AirAsia is poised to order approximately 150 Airbus A220 aircraft, marking the largest order ever for this model assembled in Mirabel, strengthening Montreal's aerospace sector leadership amid regional aviation competition and fuel price volatility challenges.
AirAsia X raises fares by 31-40% and cuts 10% of flights due to rising fuel costs amid the Middle East war.