Too few local biz class flyers to keep Malaysia Airlines airborne, Khazanah concludes | Malay Mail

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KUALA LUMPUR, Oct 24 ― Malaysia Airlines Bhd (MAB) is uncompetitive in the long-haul and full-service sectors as there are not enough premium travellers in the country, Khazanah Nasional Bhd said. Khazanah managing director Datuk Shahril Ridza Ridzuan told the Public Accounts Committee (PAC) in...

Thursday, 24 Oct 2019 07:15 AM MYTKhazanah Nasional Bhd, through its subsidiary Malaysian Aviation Group Bhd, is the sole owner of Malaysia Airlines Berhad. — AFP pic

“That is the fundamental problem with Malaysia as an aviation industry. Unlike Singapore or Hong Kong which has a very high concentration of business users, who are very time-sensitive,” Shahril said in the report published yesterday. Replying Betong MP Robert Lawson Chuat, Shahril also said that MAB’s share of the domestic flight market was now just over 20 per cent, below low-cost carrier AirAsia Bhd.

“High-end cheap, accurate. What we call austerity class. [Laughs]. No. But there must be a point where the overheads of the staff, engineers and all those things, should be able to meet the number of airplanes you have, right? Besides Khazanah, other carriers based in Malaysia are AirAsia, its long-haul sister company AirAsia X, and Lion Group’s Malindo Air.

 

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