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AirAsia's Fernandes says travel demand remains strong, current crisis 'far' less severe than Covid

HONG KONG: AirAsia co-founder Tan Sri Tony Fernandes said on Friday that the low-cost carrier's challenges from soaring jet fuel costs were "far, far" less severe than those it faced during the COVID-19 pandemic, as he sought to reassure investors about the airline's financial health.

The Star Malaysia查看原文 ↗
亚航首席执行官费尔南德斯表示,旅行需求依然强劲,目前的危机远没有新冠疫情那么严重。

HONG KONG: AirAsia co-founder Tan Sri Tony Fernandes said on Friday that the low-cost carrier's challenges from soaring jet fuel costs were "far, far" less severe than those it faced during the COVID-19 pandemic, as he sought to reassure investors about the airline's financial health.

Speaking at a media briefing, Fernandes also said AirAsia had "strong liquidity" and was adept at managing cash, adding the current crisis was largely driven by geopolitical tensions and higher fuel prices, while travel demand remained strong.

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