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Malaysia Air calls for level playing field if AirAsia gets aid

Its CEO said his airline is willing to step in to grow aggressively if its low-cost rival faces deeper operational problems

Malaysia Airlines CEO Nasaruddin A. Bakar has called for a level playing field if his low-cost rival AirAsia Group receives financial aid. "It has to be a fair playing field," Bakar stated in an interview, adding that if aid is given to one airline, it should be made available to all carriers to maintain competition fairness. The Malaysian national carrier also expressed willingness to step in and grow aggressively if AirAsia continues to face operational challenges.

This comes as Malaysian authorities are considering various measures to support AirAsia, which is struggling due to soaring jet fuel costs. The US-Iran war has further exacerbated the global aviation industry, negatively impacting weaker airlines, particularly those operating in the low-fare segment. Despite not yet agreeing to any financial aid commitment, the Malaysian government has reportedly discussed the possibility with rival local carriers, including Malaysia Airlines, in case AirAsia's financial situation worsens.

Bakar emphasized that his airline has a duty to maintain connectivity across the country, and would need to acquire additional aircraft and crew if it is financially sustainable to do so.

Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at businesstimes.com.sg →

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