TransportationMalaysian budget carrier has lowered fares by 5%, CEO saysAn AirAsia plane is towed at Kuala Lumpur International Airport. (Photo by Norman Goh)NORMAN GOHJune 22, 2026 15:24 JSTKUALA LUMPUR -- Southeast Asian budget carrier AirAsia expects to restore most of the flight capacity it cut during this year's oil-price spike over the next three months, gearing up for expansion as fuel costs ease.