As a part of its current cost cutting program it is undertaking, Malaysia Airlines has decided to cancel the Kuala Lumpur to Kochi (India) route.
In addition to canceling this route, Malaysia Airlines has also canceled flights to Frankfurt in Germany, Krabi in Thailand and Kunming in China. The carrier has also revealed that it will suspend flights to Kerala in India starting on 1st June this year.
All of this is a part of a 12-point Recovery Plan the airliner has outlined in 2014.
According to Malaysia Airlines, canceling these services is a part of the company’s “strategy to be more regionally-focused, with a strong global connectivity through its oneworld alliance and partners.”
Chief executive officer of Malaysia Airlines Jauhari Yahya said:
The group is currently going through its most comprehensive restructuring. Our challenge is to ensure Malaysia Airlines operates and utilizes its fleet at an optimum level, as well as to be able to maximize revenue on every route it flies.
He further added:
Unfortunately, Malaysia Airlines today continues to operate several unprofitable and low yield routes with little passenger flow-through to other routes in the network. Operation of these very poor performing routes only adds to our worsening financial loss position as a network carrier.
Apart from Kochi, Malaysia Airlines flies to five more destinations in India, including Delhi, Mumbai, Chennai, Hyderabad and Bengaluru.
Second Attempt at Rationalization by MAS in 3 Years
In the past 2-3 years, Malaysia Airlines has seen some heavy losses in terms of finances. This is their second attempt at rationalization in just three years, after they canceled several routes in 2012.
The carrier is still recovering from two terrible accidents from last year, when their flights MH370 and MH17 crashed over South Chinese Sea and Ukraine. Flight MH370 remains to be found and the search could expand according to latest reports.
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