KUALA LUMPUR – The government is closely monitoring the aviation sector in response to a surge in global fuel prices caused by the escalating conflict involving the United States, Israel, and Iran, Transport Minister Anthony Loke said.
Loke revealed he has met with airline executives, airport operators, jet fuel suppliers, and aviation authorities to coordinate measures addressing the impact of rising fuel costs.
“In the short term, we must ensure that air cargo transportation services for essential goods such as food continue to operate despite increasingly challenging conditions, especially with the upcoming Hari Raya Aidilfitri celebrations,” he said.
The minister acknowledged the pressure on airlines, noting that fuel accounts for almost half of their operating expenses. “Airlines may have to suspend certain flight operations if fuel prices continue to rise,” he added.
Loke confirmed that the Ministry of Transport would maintain ongoing engagement with airport operators and stakeholders to safeguard the sustainability of local carriers. He added that airlines will also provide operational data to aviation authorities for more thorough risk assessments.
“All parties involved have agreed to hold weekly meetings to monitor developments,” he said.
Meanwhile, Malaysia Airlines has assured travellers that domestic fares will remain unchanged for the Raya festival despite rising global oil prices.
Yesterday, Prime Minister Datuk Seri Anwar Ibrahim announced that the fuel subsidy would be maintained at RM1.99 per litre. – March 12, 2026