Excerpts from the first part of a NST Business interview with Malaysia Airlines Bhd (MAS) group managing director and chief executive officer Peter Bellew. I think we will see a “bloodbath” fare war this year right through the first half of next year. I do think we will see a contraction with the Gulf carriers. But I think aircraft would start becoming more affordable to either lease or buy over the next 18 months to two years. We’re better off partnering with the Gulf carriers or oneworld partners offering some great fares to other European destinations.

Source: New Strait Times January 16, 2017 06:05 UTC