Budget carriers will lead the charge but the pace is likely to be gradual as airlines wait for more clarity on the Iran war, experts say.

The budget carrier has already lowered fares by 5 per cent since June 15. Read more at straitstimes.com. Read more at straitstimes.com.

The budget carrier has lowered fares by 5 per cent and is reviewing the situation week by week. Read more at straitstimes.com. Read more at straitstimes.com.

AirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget carrier had previously cut flights and…