But the industry’s view is that the longer-term passenger growth will be robust enough to fill the additional capacity coming in. “Malaysia is seeing a much faster capacity growth than Singapore this year as all airlines are pursuing strategic expansion. Firefly is Malaysia Airlines Bhd’s wholly-owned low-cost turboprop operator. Malaysia Airlines too has returned to expansion mode and plans to order 25 wide-body aircraft by the end of the year. “Yes, there is going to be [an] oversupply this year, but airlines are expanding ahead of time.

Source: The Edge Markets February 27, 2017 01:26 UTC