Kuala lumpur: Batik Air Malaysia has announced adjustments to fuel surcharges on selected routes as a response to rising operational costs attributed to the increased prices of jet fuel. The adjustments are structured based on route categories.
According to BERNAMA News Agency, Chief Executive Officer Datuk Chandran Rama Muthy clarified that the airline's primary aim is to not fully transfer the cost burdens to passengers. Instead, the adjustments are intended to partially offset the increased fuel expenses while maintaining competitiveness and ensuring passengers benefit from fair and flexible pricing.
Datuk Chandran emphasized that these measures are subject to regular review in alignment with market trends and fluctuations in fuel prices. He highlighted that Batik Air's airfare structure is dynamic, responding to market supply and demand, and is influenced by the competitive environment. When operational costs rise, the airfares may be adjusted, and similarly, when costs decrease, fares are adjusted downward.
He also pointed out that Batik Air, like many global airlines, is monitoring the recent increase in jet fuel prices. Prices have escalated from around US$85-90 per barrel to over US$100, largely due to geopolitical tensions in West Asia. This increase in fuel prices has posed significant cost challenges for airlines, as fuel constitutes a major portion of their operating expenses amidst ongoing tensions affecting global energy markets.