AAX shielded from oil price fluctuations, says Benyamin

KUALA LUMPUR: AirAsia X (AAX) has hedged its fuel requirements for the rest of the year and will be shielded from the fluctuations in oil prices until then, said its CEO Benyamin Ismail.

“We have hedged for 100% of our fuel requirements at US$56 per barrel this year. Last year, it was about half.

Save 30% for ads-free and full access now!

Monthly Plan

RM13.90/month
RM9.73 only

Subscribe

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Subscribe

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only

Subscribe
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Airasia X , AAX , oil , airline , low cost ,

Market Summary

FBM KLCI

1536.46

-10.81

-0.7%

Vol ('00)

30,962,166

FBMKLCI
Day's Range

Low

1536.46

High

1550
52 Weeks Range

Low

1528.52

High

1685
Go to Market Watch

Market Movers

View More

  • SymbolOpenHighLowLastChg%ChgVol ('00)
    HSI-PWD2 0.085 0.095 0.080 0.090 0.0055.882,161,188
    SAPNRG 0.035 0.040 0.030 0.035 0.0000.001,489,972
    HSI-PWD6 0.180 0.180 0.150 0.175 0.02012.901,307,415
    HSI-PWD1 0.220 0.235 0.195 0.225 0.0209.761,059,730
    HSI-CWCD 0.175 0.195 0.130 0.135 -0.065-32.50946,528
    HSI-PWDN 0.045 0.055 0.040 0.055 0.00510.00884,377
    NATGATE 1.330 1.340 1.100 1.140 -0.190-14.29881,569
    NEXG 0.270 0.280 0.260 0.260 -0.010-3.70814,070
    SNS 0.435 0.450 0.380 0.385 -0.020-4.94531,039
    MYEG 0.900 0.910 0.885 0.905 0.0050.56524,687
    HSI-CWED 0.190 0.190 0.160 0.160 -0.050-23.81519,782
    HSI-PWD5 0.115 0.135 0.100 0.130 0.01513.04384,285
    PERTAMA 0.090 0.090 0.050 0.055 -0.055-50.00375,767
    YTLPOWR-C77 0.030 0.035 0.030 0.030 0.0000.00308,595
    HSI-CWCC 0.475 0.480 0.350 0.350 -0.120-25.53305,277

Copyright © 1995- 2025 Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.

Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In