World Business Report - Air Asia boss admits high fuel costs are hard to manage

Download Air Asia boss admits high fuel costs are hard to manage

Tony Fernandes, the chief executive of the low-cost carrier, has been speaking to the BBC. He says the current high fuel costs are more complex for the airline to manage than during the COVID-19 pandemic. Plus, Danish shipping giant Maersk says it will be able to adapt if charges are introduced for ships transiting the Strait of Hormuz. And the African nation of Madagascar is struggling to deal with fuel shortages as a result of the war in the Persian Gulf.

Published on Thursday, 7th May 2026.

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