Market Chatter: AirAsia X Postpones Bahrain Hub Launch to August Amid Middle East Turmoil

MT Newswires Live
06/23

AirAsia X (KLSE:AAX) has pushed back the launch of its Bahrain hub to August or September, citing regional instability, after missing its initial June target for the Kuala Lumpur-Bahrain-London route, Reuters News reported on Monday, citing its Group CEO, Bo Lingam.

The carrier stressed that the final start date hinges on market dynamics and operational readiness, while reaffirming Bahrain's long-term importance to its network, the news wire said.

In a separate statement, the airline said it would continue to assess geopolitical shifts and prioritize flights that support long-term earnings growth, the statement read.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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