Price caps may put pricing pressure on local airlines

PETALING JAYA: Locally-based airlines may feel pricing pressures should new regulations to impose price caps on air tickets be approved by the government.

The government is reportedly in the midst of drafting a ceiling price to control airfares for domestic flights, according to Deputy Transport Minister Datuk Ab Aziz Kaprawi.

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Business , AirAsia , shares , MAVCOM , government , ceiling price


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