In the Edge Financial Daily, Malaysia and Singapore are expected to sign a bilateral agreement by end November that will allow AirAsia and Tiger Airways to fly twice daily each between Kuala Lumpur and Singapore, said Malaysia’s Transport Minister.
Good for consumers and Airasia. Bad for MAS or SIA? Not really, coz it is only 2 flights a day - hence minimal impact. But it is a start. Oil prices should also keep a lid on the share price of MAS and SIA as well as Airasia.
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