More full-service carriers look to launch LCCs: CEO
Malaysia Airlines Managing Director and CEO, Azmil Zahruddin, stated more full service carriers are launching LCC subsidiaries to capture the growing market of price-sensitive customers (Malaysia Business Times, 04-Aug-2010).
Malaysia Airlines: “This is a strategic move as the industry moves towards liberalisation. We can expect to see more LCCs and more FSCs competing in the same space. For example, Middle Eastern carriers are very aggressive and Emirates flies directly from Kuala Lumpur to Melbourne. We are used to competition and are constantly upgrading our products, services and benchmarking our fares to ensure that we continue to compete successfully,” Azmil Zahruddin, Managing Director and CEO. Source: Malaysia Business Times, 04-Aug-2010.