Malaysian Airline eyes Indian, Chinese markets

Kuala Lumpur: The Malaysian Airlines has kept the markets in India and China at the top of its new expansion plans. With Asian economies growing faster than those in Europe and the Americas, the national carrier is also focusing on the neighbourhood and Australia.
Over 600,000 Indians travelled to Malaysia last year.
The airline's managing director and chief executive officer Tengku Datuk Azmil Zahruddin has denied plans to turn it into a budget airline.
According to Boeing Commercial Airplanes senior manager of market analysis Michael L. Warner, global passenger traffic should grow at 5.3 percent a year and air cargo at 5.9 percent a year over the next 20 years. Passenger traffic within Southeast Asia alone will grow by seven per cent a year.
08/11/10 IANS/Economic Times

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Categories: Foreign Nov 2010