What Happened
Low-Cost Carrier Navigates Rising Fuel Costs With Strategic Adjustments
AirAsia Group has reported a positive net operating profit for the first quarter of 2026, despite challenges from rising fuel costs and currency fluctuations. The company achieved EBITDA of RM1,009 million and a net operating profit of RM199 million, with passenger demand remaining strong. AirAsia has taken strategic steps to mitigate the impact of fuel price volatility, including implementing a fuel surcharge and fare increase. The company has also placed a significant order for 150 Airbus A220-300 aircraft, valued at around US $19 billion, as part of its long-term growth strategy. This development was first reported by AeroTime.