AirAsia X announced (19-Nov-2020) it is undertaking a rationalisation of its fleet and routes as part of efforts to return to profitability. The company plans to focus on mature routes in core markets, terminate unprofitable routes and determine an optimal flight frequency that correlates with demand. It also plans to operate a leaner fleet size, which will require returning excess aircraft to lessors. The company has returned one aircraft and is in discussions with other aircraft lessors to reduce future lease rental rates. It is also in discussion with maintenance service providers to reduce future maintenance costs.