Feeling airline sticker shock? Experts explain why fares are so expensive for Malaysians right now
newscatcher
2023-04-30 02:32
Feeling airline sticker shock? Experts explain why fares are so expensive for Malaysians right now
KUALA LUMPUR, April 30 — Airfares will remain high for some time as experts view this as mainly an issue of supply and demand. Despite the high airfares, economist Nungsari Ahmad Radhi said the travel and tourism industry will see robust growth. 'Our seasonal ticket price uptrend is largely driven by local factors: Local destinations, local demand, and local supply (airlines). 'Globally, the return of demand for air travel is hitting some supply constraints as airlines, and even airports struggle to increase capacity or flights.

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