What percentage drop in fares did AirAsia implement on June 15?

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AirAsia cut its fares by 5 per cent on June 15.

AirAsia Group lowered its fares by 5 per cent on June 15, and the move was followed by higher bookings over the weekend. Chief executive officer Bo Lingam said the carrier expects to reduce airfares further once fuel prices drop and stabilise as tensions ease in the Middle East.
The fare cut took effect on June 15
The reduction was set at 5 per cent. That is the only percentage given for the June 15 adjustment.
The move was linked to stronger weekend bookings
Bo Lingam said the lower fares led to higher bookings over the weekend. The group presented the cut as part of its response to changing fuel prices and market conditions.
AirAsia tied future fares to fuel price stability
AirAsia said it will reduce airfares once fuel prices drop and stabilise. The comment came as tensions in the Middle East began easing.
The group also pointed to wider operational changes
Bo said AirAsia lost over RM150 million in the first quarter of this year, largely after airfare hikes began on March 4. He also said the group had a load factor of 83 per cent between January and May, while restructuring its flight operations over the last three months.

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What percentage drop in fares did AirAsia implement on June 15?

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