AAX shielded from oil price fluctuations, says Benyamin


KUALA LUMPUR: AirAsia X (AAX) has hedged its fuel requirements for the rest of the year and will be shielded from the fluctuations in oil prices until then, said its CEO Benyamin Ismail.

“We have hedged for 100% of our fuel requirements at US$56 per barrel this year. Last year, it was about half.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Airasia X , AAX , oil , airline , low cost ,

Next In Business News

Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer

Others Also Read