Kuala Lumpur-headquartered Malaysian Airlines is still bullish on India despite the weakening Indian economy and will continue to seek growth opportunities here.
It expects to get traction from people travelling to India across its wide global network making this country a very relevant market for the airline.
"India's performance has been awesome," said Duncan Bureau, Senior Vice President, Global Sales and Distribution, Malaysian Airlines, on Thursday. He added that while the current downturn in the Indian economy was being watched carefully, it had not made any difference to the airline's view that the Indian market was one of strategic importance.
Malaysian Airlines posted a profit of RM8 million (Malaysian Ringgit or Rs 16.34 crore) for the second quarter ending June 30 as against an operating loss of RM102 million for the corresponding quarter last year. This is its fourth consecutive quarter of operational profit. The number of passengers on its network has risen by 24 per cent.
29/08/13 Manisha Singal/Business Today
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It expects to get traction from people travelling to India across its wide global network making this country a very relevant market for the airline.
"India's performance has been awesome," said Duncan Bureau, Senior Vice President, Global Sales and Distribution, Malaysian Airlines, on Thursday. He added that while the current downturn in the Indian economy was being watched carefully, it had not made any difference to the airline's view that the Indian market was one of strategic importance.
Malaysian Airlines posted a profit of RM8 million (Malaysian Ringgit or Rs 16.34 crore) for the second quarter ending June 30 as against an operating loss of RM102 million for the corresponding quarter last year. This is its fourth consecutive quarter of operational profit. The number of passengers on its network has risen by 24 per cent.
29/08/13 Manisha Singal/Business Today
