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RISING FUEL COST DELAYS AIR ASIA X's BREAK-EVEN IN INDIA (and the airline expects to achieve the milestone by the end of 2011).

India Business Insight

| June 11, 2011 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Air Asia X, the long haul arm of low-cost carrier Air Asia of Malaysia, has completed one year of operations in India. However, the airline, which generally breaks even in 12 months, is battling high fuel costs leading to a delay in breakeven. The airline …

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