Rising fuel costs delayAirAsia X's break-even in India

Mumbai: Malaysia-based low-cost long haul airline, AirAsia X, will have to wait till the year-end to break even in its operations in India as it grapples with rising fuel costs. The airline recently completed its first year of operations from India.
“It normally takes around 12 months for a route to mature and break even. But the challenge for us now is to manage the high fuel costs. Therefore, we expect to break even by the end of the year,” Mr Arzan Osman Rani, Chief Executive Officer, AirAsia X, told Business Line.
AirAsia X is the low-cost carrier AirAsia's long haul arm. It operates four flights a week from Mumbai and daily flights from Delhi.
The high airport charges in these two cities are also affecting the growth of business for AirAsia X.
10/06/11 Debabrata Das/Business Line

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Categories: Foreign Jun 2011, Low Cost General Jun 2011