Southeast Asia's AirAsia X announced significant price hikes of up to 40% and cut 10% of its overall flights. These changes are intended to mitigate the financial strain caused by the war in Iran, despite continued high passenger demand.

Southeast Asia’s largest low-cost carrier AirAsia X said on Monday it was raising ticket prices by as much as 40 per cent and cutting routes to cushion the impact of the war on Iran, but stressed demand for flights remained high. The Malaysia-based no-frills airline said about 10 per cent of its overall flights had been cut so far. It has raised fuel surcharges by about 20 per cent, while fare prices have increased between 31 per cent and 40 per cent. Average jet fuel costs have soared to about....