AirAsia scraps fuel surcharges as global oil prices drop


Southeast Asia's biggest budget carrier AirAsia is scrapping fuel surcharges on tickets following the decline in global oil prices. 
AirAsia said the move also applies to flights under its long-haul arm AirAsia X. 
Oil prices are now below $50 per barrel after 6 months of declines, pushing down jet fuel prices. 
Chief Executive Tony Fernandes said the move will help reduce travel costs, stimulate demand and boost tourism in the region. 
Airlines impose the surcharges to pass on higher fuel costs to travelers when fuel prices are rising. 
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