Airlines are restrategising in terms of their capacities and are also embarking on cost-cutting measures, at least until there are more clarity of the virus outbreak coming under control. A spokesman from Malaysia Airlines said it has seen weak passenger demand across its network, especially to and from China. “The management has been discussing on cost cutting measures and the tightening of loose and we’re more focused on that. He anticipated more cancellations should the virus outbreak persisted. MIDF Research analyst Adam Mohamed Rahim said cost cutting measures would be necessary but not to an extent which is drastic.

Source: The Star February 10, 2020 23:48 UTC