AirAsia's Fernandes on Demand, Oil Prices and Talks With Airbus

The transcript discusses the impact of oil prices and currency fluctuations on demand, the potential levy by the Malaysian government on passengers, and the airline's fleet expansion strategy. It also covers the company's approach to hedging against oil price volatility and the importance of maintaining demand in various regions, including India, Japan, and Southeast Asia.

What is the current state of demand in the airline industry despite oil and currency challenges?

• Demand is unpredictable.

• Demand is very robust.

• Demand is stable but not growing.

• Demand is decreasing significantly.

What is the airline's plan regarding its fleet of narrowbody aircraft?

• They are considering switching some aircraft models for better efficiency.

• They plan to reduce the number of narrowbody aircraft.

• They plan to sell all narrowbody aircraft.

• They are not planning any changes to their fleet.

Which region is NOT mentioned as having robust demand for the airline?

• Europe

• Japan

• India

• Southeast Asia

What is the airline's stance on hedging against oil price fluctuations?

• They heavily rely on hedging.

• They do not believe in hedging at all.

• They use a balanced approach with partial hedging.

• They hedge only when prices are low.

What future trend is mentioned that could impact the demand for oil?

• Expansion of nuclear energy

• Rise in natural gas consumption

• Transition to electric vehicles

• Increased use of coal