Air Asia boss admits high fuel costs are hard to manage
About this episode
Tony Fernandes discusses the challenges of managing high fuel costs for Air Asia, alongside insights from Maersk and the fuel shortages in Madagascar.
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.
People in this episode
Host: BBC World Service
Guest: Tony Fernandes
Topics covered
- fuel costs
- airline management
- shipping industry
- global trade
- economic challenges
Mentioned in this episode
Organizations: Air Asia, BBC, Maersk
Places: Madagascar, Strait of Hormuz
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