PETALING JAYA: The Transport Ministry has taken note of the challenges faced by airlines, as fuel costs now account for nearly half of their operating expenses, which may force some carriers to suspend certain flights if prices continue to rise.
Transport Minister Anthony Loke Siew Fook (pic) said the situation was discussed during a meeting with airline management, airport operators, jet fuel suppliers and aviation authorities to coordinate response measures following the spike in global fuel prices.
He said the increase was linked to the ongoing conflict involving the United States, Israel and Iran.
“In the short term, we must ensure that air cargo transport services for essential goods such as food continue to operate despite the increasingly challenging conditions, especially with Hari Raya Aidilfitri approaching,” he said.
Loke added that the Transport Ministry would engage with airport operators and relevant stakeholders to support the sustainability of local airlines.
Airlines would also share operational data with aviation authorities to enable a more comprehensive risk assessment, he said.
“All parties have also agreed to hold weekly meetings as the crisis remains uncertain and may require swift action should there be any new developments,” he added.
