Strong Pent Up Demand for Travel in Asia: Ismail

The transcript discusses Malaysia Airlines' recovery from the pandemic, highlighting its cash-positive status and market capacity expansion. It covers fleet expansion plans, staffing strategies, and the potential of the China market. The discussion also touches on ASEAN-Europe connectivity opportunities and challenges like energy prices and financial headwinds. The airline anticipates a return to 2019 levels by 2024, with strong bookings and a gradual return of corporate travel.

What percentage of market capacity has Malaysia Airlines achieved year-to-date?

• 90%

• 82%

• 76%

• 50%

What is Malaysia Airlines' plan regarding their fleet expansion?

• Lease 50 new aircraft

• Order 50 new wide-body jets

• Order 25 single-aisle jets

• Retire 25 old aircraft

Which market is Malaysia Airlines optimistic about reopening in 2023?

• Australia

• India

• China

• South Korea

What agreement is expected to create opportunities for Malaysia Airlines?

• EU-ASEAN open skies agreement

• US-ASEAN trade agreement

• ASEAN free trade agreement

• EU-ASEAN visa waiver program

What are the major concerns for the airline industry according to the transcript?

• Fuel, forex, and interest rates

• Staff shortages and high demand

• Airport congestion and delays

• Weather disruptions and natural disasters

What trend is observed in Malaysia Airlines' bookings for 2023?

• Uncertain bookings

• Stable bookings

• Declining bookings

• Encouraging bookings

By when does Malaysia Airlines expect to reach 2019 levels?

• 2022

• 2023

• 2025

• 2024