Southeast Asia’s budget airlines eye recovery but fuel scars linger

🌐 The Japan Times (MY) —

AI Summary

Southeast Asia's budget airlines such as Malaysia's AirAsia, Singapore Airlines' budget arm Scoot, and the Philippines' Cebu Pacific are struggling to recover from soaring fuel costs despite attempts to raise fares. The lingering high fuel expenses continue to impact their financial recovery.

Results from Malaysia's AirAsia, Singapore Airlines' budget arm Scoot and the Philippines' Cebu Pacific showed efforts to recoup soaring fuel costs through higher fares fell short.

Markets Travel Energy budget airlines fuel costs Southeast Asia AirAsia Scoot Cebu Pacific airfare

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