Malaysia Airlines – 80% discount off fares

Qantas is clearly not the only airline suffering reduced travel sales – suffering a 71% decline in profit since 2008!

The Australian reported that the airline will be slashing up to 80% off selected ticket prices in a hope to boost domestic and international passenger traffic. Managing director Idris Jala said radical action was needed to survive in the current economic climate.

“I am very convinced that must be the way to survive in this environment – to tailor (the products) based on the size of the customers’ wallet.”

All airlines across the globe are being severly affected by the travel drought with some of the lowest prices available for passengers in a long time. Despite the lowerest costs ,I seriously doubt the average person can afford to travel right now, let alone take a holiday from their jobs!