Stronger ringgit benefits AirAsia cost structure, rebranding targeted for completion by July 2026

MANAMA (BAHRAIN): The strengthening ringgit is proving to be a boon for AirAsia, easing cost pressures and supporting the airline’s expansion plans.

Capital A Bhd chief executive officer Tan Sri Tony Fernandes said about 70 per cent of AirAsia’s operating costs are denominated in United States (US) dollars, making a stronger ringgit advantageous for the group’s financial performance.