Aviation sector s grapple with soaring fuel prices (The Star Online)

THE local aviation industry is facing one of its toughest challenges yet: skyrocketing oil prices. Malaysia Airlines (MAS) and AirAsia Bhd's recent earnings were dampened by record-high jet fuel prices (+54% year-on-year) as fuel hedging and surcharges failed to offset the impact on costs.


Posted September 11, 2005

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