MAS wins big with revised passenger charges, AirAsia's gains modest

  • Business Premium
  • Wednesday, 02 Nov 2016

MONDAY, APRIL 4 KUALA LUMPUR: Dewan Rakyat sitting at 1000 (0200 GMT); KUALA LUMPUR- Prime Minister Najib Tun Abdul Razak officiates Mara's 50th Anniversary celebration at Premiera Hotel, Menara Mara at 1530 (0730 GMT); KUALA LUMPUR- Signing ceremony of a new Strategic Partnership Agreement between Malaysia Convention & Exhibition Bureau (MyCEB) and Malaysia Airlines Bhd (MAB), Meeting Room 409, Kuala Lumpur Convention Centre (KLCC) at 1000 (0200 GMT)

PETALING JAYA: Malaysia Airlines (MAS) is the biggest winner of the recently revised passenger service charges (PSC) as the airline’s Asean fares could become more competitive effective Jan 1, 2017.

This is because the revised PSC will see a reduction by 46% to RM35 to Asean flights at the KL International Airport (KLIA) as opposed to an increase by 9% to RM35 at KLIA2. Asean routes make up about 40% of the total traffic at KLIA.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

PDB to open 50 Cafe Mesra by year-end Premium
PwC appoints Nurul A’in as deputy executive chair Premium
FBM KLCI ends at day's low on heavy last-minute selling Premium
Bank Negara's international reserves at US$100bil as at June 30 Premium
Alliance to increase lending, deposit rates effective July 13 Premium
DoSM: Average price of steel bar up 15.9% in June Premium
China unveils plans to spur car demand, may extend EV tax break Premium
Shell boosts oil and gas asset value as refining soars Premium
TNB’s Uniten sets up NEC to boost energy transition Premium
Asian stocks tick up as investors weigh recession risks Premium

Others Also Read