MAS not cutting fares

Bellew: ‘We remain focused on cost control and have identified a further RM400mil of cost reductions in 2017 to offset the US dollar strength.’ — Bloomberg

CEO Bellew says airline gaining market share as fares are competitive

KUALA LUMPUR: Malaysia Airlines Bhd (MAS) ended 2016 flying more passengers and cutting its losses by half. The airline, which was taken private in August 2014, is seeing average load factors of up to 74% and feels that the fares it charges customers are already competitive enough by the rise in passenger traffic.