PETALING JAYA: In a move to conserve fuel and to address the issue of low demand during the upcoming Ramadan month, the country’s two major airlines have agreed to reduce their domestic schedules.
The decision will help both Malaysia Airlines (MAS) and AirAsia to avoid excess capacity and wastage of resources during the period of low demand.
The move, from Oct 1-15, will also help to combat spiralling jet fuel prices – currently faced by all airlines of the world – while enabling both airlines to achieve each other’s objectives.
The two airlines and Penerbangan Malaysia Bhd (which owns the domestic operations of MAS) said this in a joint statement here yesterday.
PMB managing director and CEO Nasution Mohamed said the company was pleased to see the joint effort by the two carriers.
“It is a welcome move that will benefit Malaysia’s aviation industry, especially during such turbulent times faced by all airlines,” he said.
MAS executive director Tengku Azmil Zahruddin Raja Abdul Aziz said: “Despite the limited cutback on both MAS and AirAsia domestic routes, we believe the move will not materially affect the convenience of passengers on both airlines.”
AirAsia Group CEO Datuk Tony Fernandes regarded the move as historic for the country’s aviation industry and a happy moment for his airline.
“We hope this is a start for greater cooperation which will mutually benefit MAS and AirAsia in reaching our respective objectives.
“We applaud PMB and MAS for taking the first step towards a healthy and responsible cooperation to resolve excess capacity and unproductive competition during a period of low traffic demand,” he said.