Thursday, April 14, 2011

MAS expects lower capacity growth

KUALA LUMPUR: Malaysia Airlines (MAS) expects a capacity growth of less than 10% this year, said managing director and chief executive officer Tengku Datuk Azmil Zahruddin.

Also, due to the present high jet fuel price, the national carrier had been raising fuel surcharges in the regions it operates over the past few months.

“The price of jet fuel is currently about US$140 per barrel. The increase in fuel surcharges is by double percentage points depending on region,” Azmil said.

He also said due to the Japan disaster, MAS had reduced......

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