Malaysia Airlines Group (MAG) LCC subsidiary Firefly could lose up to MYR20 million ($4.9 million) a month after it was forced to stop 20 daily flights to/from Singapore from Dec. 1, 2018 after the Civil Aviation Authority of Malaysia (CAAM) rejected its move from Changi to Seletar airport. “The exposure, the revenue lost from the suspension is MYR15 million, so we’re looking at MYR15 million to MYR20 million revenue lost on a monthly basis,” MAG CEO Izham Ismail told The ...

Subscribe to Access this Entire Article

"Firefly may lose $4.9 million in revenue from Singapore suspension" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.