Kuala lumpur: Malaysia Aviation Group (MAG) announced that the airlines under its portfolio are continuously assessing airfares and fuel surcharges in response to current market conditions. 'The group remains committed to balancing cost management while maintaining reliable and safe connectivity across its network,' MAG stated in a communication to Bernama today.
According to BERNAMA News Agency, the group, which includes Malaysia Airlines, Firefly, and AMAL, considers these reviews as part of its ongoing efforts to manage operational costs while ensuring stable connectivity across its network. This statement comes as airlines worldwide face rising jet fuel prices and evolving geopolitical conditions, affecting operating costs and fare structures.
Recently, a post on the X platform by a user named Pemburu Tiket Murah mentioned that several major airlines, including Malaysia Airlines, Firefly, and Batik Air, have announced increases in fuel surcharges following the rise in global oil prices. The post detailed that the adjustment for Firefly will be implemented in two phases, starting March 11 for all points of sale except in the Philippines, with the second phase beginning on March 25 for the Philippines.
Malaysia Airlines also confirmed it will implement similar adjustments in two stages. Batik Air Malaysia informed Bernama that it has issued a notice to its travel trade partners regarding adjustments to fuel surcharges for both domestic and international routes, in response to mounting cost pressures.
Jet fuel prices, which were previously between US$85 and US$90 per barrel before the US-Iran conflict, have recently surged above US$100 per barrel, contributing to the increased operational costs for airlines.