{
  "id": 8210944,
  "title": "AirAsia sees jet fuel at US$160-US$190 a barrel, may raise fares if prices spike",
  "url": "https://urgent.news/2026/09/18/airasia-sees-jet-fuel-at-us-160-us-190-a-barrel-may-raise-fares-if",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-18T08:16:14.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/singapore/2026/09/18/airasia-sees-jet-fuel-at-us160-us190-a-barrel-may-raise-fares-if-prices-spike/235663"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR, Sept 18 — AirAsia Group Bhd anticipates jet-fuel prices between US$160 and US$190 per barrel, suggesting possible airfare increases if prices soar to US$250 per barrel, according to co-founder and adviser Tan Sri Tony Fernandes. During a virtual media briefing, Fernandes stated that AirAsia had already adjusted fares for jet-fuel costs up to US$180 but could raise prices further if needed. Despite the potential fare hikes, Fernandes remains optimistic about demand, citing a load factor of at least 80 percent. The Malaysian operations of AirAsia remain its largest and strongest business, with a 60 percent market share predicted to grow to 70 percent. AirAsia reported a second-quarter net loss of RM830.5 million due to a 58 percent rise in fuel expenses, but core Malaysian short-haul operations remained profitable. Over 250 planes are expected to return to service by October, and 25 older, less fuel-efficient aircraft have been returned to lessors to alleviate lease obligations and operating costs.",
  "summary": "KUALA LUMPUR, Sept 18 — AirAsia Group Bhd currently anticipates jet-fuel prices of between US$160 and US$190 (RM65...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}