Coronavirus Made Flying More Expensive, Says Malaysia Airlines
MAS explains why flights are so expensive right now.
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The pandemic has impacted airlines on what they charge, and Malaysia Airlines Bhd (MAS) is no exception.
In a statement today, MAS said it has been operating a limited service of 21x weekly since 1 November 2021 to Kuching, as approved by the Sarawak Disaster Management Council (SDMC).
In comparison, it was 63x weekly in December 2019 before COVID-19.
The national airline said reduced flight frequency into Sarawak resulted in a fare increase.
As airlines execute dynamic pricing based on supply and demand, fares may vary depending on the date, time and remaining seat availability. When more capacity is available in the market, fares will naturally go down.
Malaysia Airlines Bhd on fare increase
The announcement came in the wake of a complaint by a netizen on its official Facebook page.
The netizen had asked about the high ticket price for flights to Kuching.
When more capacity is available in the market, fares will naturally go down.
Malaysia Airlines Bhd on fare increase
The Pricing Equation
Malaysia Airlines Bhd (MAS) has received approval from Sarawak Disaster Management Council (SDMC) to operate additional flights to Sarawak from 11 December 2021 to 5 January 2022.
The move is expected to positively affect fares, which are dynamically priced and depend on various factors such as demand, promotion, and seasonal period.
The additional frequencies are as below:
Accordingly, Malaysia Airlines filed an average fare of RM350 from Kuala Lumpur to Kuching one-way beginning October 2021.
On the week of 22 November 2021, bookings achieved a load factor of between 98% to 100% during the upcoming holiday season.
The airline also introduced a promo fare of RM109 one-way between 10 October 2021 and 31 October 2021 for the travel period October 2021 until 21 April 2022.
Malaysia Airlines added that it will continue to adjust the capacity/frequency as advised by SDMC.
Customers are encouraged to book their travels early to be able to obtain a lower fare.
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