Cathay Pacific (CX) and Malaysia Airlines (MH) have decided not to proceed with their joint business plans due to concerns raised by Malaysian regulators regarding the potential “significant reduction” in competition.
asia pacific
IATA official that it is difficult for an airline to make a profit in India because of concerns such as fare limits and hefty taxes
The industry showed encouraging signs of recovery in the first quarter of 2022— capacity was rebuilding in many parts of APAC and the Middle East; domestic travel traffic made considerable progress; cargo development proved to be resilient and was above pre-pandemic levels, told the statement.