PETALING JAYA: Volatility in oil prices and a possible oversupply in capacity within the Asia-Pacific over the next few months will likely cap the earnings growth of local airlines.
Some analysts are adopting a cautious stance on local airlines, AirAsia Bhd and Malaysia Airlines (MAS), having either downgraded these stocks recently or cut their earnings forecast for this year due to higher fuel bills.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
