Friday, November 16, 2018

‘Airline industry must take off’

Putrajaya: More competition between airlines in Malaysia will be beneficial to the aviation industry, says Transport Minister Anthony Loke.

The government, he said, did not believe in protectionism and he also said that the local airlines should grow in a competitive market.

“We are not going to protect any airline. We do not believe in protectionism, we believe in competition. We want a competitive market.”

“I think the share of the cake in the aviation industry is very big and there is a lot of room for more growth.

“So with more flights that come in, more tourists will arrive in Malaysia and that will also boost the tourism industry,” he said yesterday at the welcoming ceremony of IndiGo airlines’ inaugural flight to Malaysia.

IndiGo, which is a low-cost carrier from India, has launched non-stop daily flights between New Delhi-Kuala Lumpur and Bangalore-Kuala Lumpur.

Founded in 2005, IndiGo is the largest domestic airlines in India, with a market share of 43% and a fleet of 195 aircraft.

Loke expressed confidence in the ability of Malaysian airlines to compete with those from other countries.
16/11/18 The Star