KUALA LUMPUR, Sept 4 — The country’s three main airlines will increase flight frequencies during peak festive seasons to limit steep price increases, said Transport Minister Anthony Loke.
Loke said the agreement involving Malaysia Airlines Berhad, AirAsia, and Malindo Air will go on trial next year, based on the consensus formed around a Malaysian Aviation Commission (Mavcom) study showing fares during peak periods could spike as much as 600 per cent.
“The three airliners will increase its capacity to at least 20 per cent of existing scheduled flights during three festive seasons next year, which will be during the Chinese New Year, Hari Raya Aidilfitri, and the Gawai and Kaamatan season.
“This is the approach agreed by the three airliners in order to manage the price increase during festive seasons, instead of imposing a ceiling price,” he told a press conference at the Mavcom headquarters here, today.
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