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AirAsia, MAS to detail tie-up this month: OSK
by hlk Fri 07 Oct 2011, 18:04
AirAsia and Malaysia Airlines (MAS) will unveil more details on their strategic collaboration this month, OSK Research Sdn Bhd said.
"We see both airlines benefiting in the areas of maintenance, as we gather that at least 55 of AirAsia's planes will soon need to go through required C and D checks.
"We see MAS making more capacity cuts, notably on the domestic and Asean routes, given the potentially lower demand for full service travel," OSK said in a statement today.
Amid shrinking demand for domestic full service travel, OSK said, MAS could reallocate its narrow-bodied planes to international routes, with a possible partnership with Qantas' OneAsia, which is awaiting delivery of new planes.
"Should this materialise, MAS would be able to further lower its costs while Malaysia Airports Holdings Bhd would be able to rake in more revenue," OSK said, adding that it maintains its overweight call on the aviation sector. -- BERNAMA
"We see both airlines benefiting in the areas of maintenance, as we gather that at least 55 of AirAsia's planes will soon need to go through required C and D checks.
"We see MAS making more capacity cuts, notably on the domestic and Asean routes, given the potentially lower demand for full service travel," OSK said in a statement today.
Amid shrinking demand for domestic full service travel, OSK said, MAS could reallocate its narrow-bodied planes to international routes, with a possible partnership with Qantas' OneAsia, which is awaiting delivery of new planes.
"Should this materialise, MAS would be able to further lower its costs while Malaysia Airports Holdings Bhd would be able to rake in more revenue," OSK said, adding that it maintains its overweight call on the aviation sector. -- BERNAMA
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