MAG continues to review fares, fuel surcharges amid market volatility


- AZHAR MAHFOF/The Star

KUALA LUMPUR: Malaysia Aviation Group (MAG) said the airlines under its portfolio are continuously reviewing airfares and fuel surcharges in response to prevailing market conditions.

 "The group remains committed to balancing cost management while maintaining reliable and safe connectivity across its network,” MAG said in a statement to Bernama today.

The group, which operates Malaysia Airlines, Firefly and AMAL, said such reviews are part of ongoing efforts to manage operational costs while ensuring stable connectivity across its network, the statement said.

MAG’s comment comes as airlines globally monitor rising jet fuel prices and evolving geopolitical conditions, both of which continue to influence operating costs and fare structures across the aviation sector.

Recently, a post circulating on the X platform by a user, Pemburu Tiket Murah, said several major airlines have announced increases in fuel surcharges following the rise in global oil prices, including Malaysia Airlines, Firefly and Batik Air. 

According to the notice dated March 9, shared by Pemburu Tiket Murah, the adjustment on Firefly will be implemented in two stages.

Phase 1, effective March 11, applies to all points of sale (POS) except in the Philippines. Phase 2, effective March 25, applies to the Philippines.

Malaysia Airlines said it will implement the adjustments in two stages.

Batik Air Malaysia has confirmed to Bernama that it recently issued a notice to its travel trade partners on adjustments to fuel surcharges for both domestic and international routes, reflecting mounting cost pressures faced by airlines.

Jet fuel prices, which previously hovered between US$85 and US$90 per barrel (US$1=RM3.94) before the US-Iran conflict, have surged above US$100 per barrel in recent days. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MAG , MAS , Surcharges , West Asia , Conflict , Jet fuel

Next In Business News

MPOB expects CPO prices to remain strong at RM4,000-RM4,300 a tonne this year
Maybank raises sustainable finance target across Asean to US$73bil by 2030
Malaysia's official reserve assets at US$130.63bil at end-May
Malaysian exporters record RM160mil in trade leads at Korea Import Expo 2026
Bursa Malaysia morning session ends marginally higher
Gold faces biggest monthly drop since late 2008 on hawkish Fed stance
I-Bhd accelerates transition to AI-driven urban ecosystem
Advancecon unit to explore partnership with EPCC contractor Teras Impiana
Oil falls as investors focus on potential Iran-US talks in Doha
AirAsia MOVE adds Oman Air, Uzbekistan Airways, FitsAir, Hainan Airlines as airline partners

Others Also Read