Tony Fernandes: High airfares here to stay as airlines take advantage of post Covid-19 travel boom

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'It’s not high prices, it’s real prices' 💰

KUALA LUMPUR, Feb 28 — Capital A Bhd group chief executive officer Tan Sri Tony Fernandes said higher airfares will be the current norm as airlines take advantage of the post-Covid-19 pandemic travel boom to lock in higher charges.“I think airlines have always underpriced their products.

Fernandes was quoted by the news portal during an interview with Bloomberg Television earlier today on the sidelines of the Aviation Festival Asia in Singapore. “It’s not high prices, it’s real prices,” he said, adding that the current fare pricing structure had already started even before the Covid-19 pandemic back in 2019.

 

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