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AirAsia Group stated (29-Nov-2017) it remained “the world’s lowest cost airline” in 3Q2017 with CASK of MYR0.128. CASK increased 5% year-on-year due to the weaker ringgit and higher fuel prices. The average fuel price increased 6.8% to USD63 per barrel. Non-fuel CASK increased 5% to MYR0.0824 (USD0.0202), largely due to higher staff costs in line with the airline’s growth targets and higher MRO charges.
