KUALA LUMPUR (AFP) - The long-haul arm of budget carrier AirAsia said on Monday it would suspend operations to Iran, citing currency "volatility" as the carrier mounts new profitable destinations across the Asia-Pacific.
Malaysia-based AirAsia X said the current four times weekly flights between Kuala Lumpur and Teheran will be suspended with the last flight on Oct 14.
AirAsia X said the suspension of its services to Teheran Imam Khomeini Airport was due to challenging economic and business conditions including the "volatility of the Iranian currency".