Singapore Airlines (SIA) and Malaysia Airlines Berhad (MAB) have signed a memorandum of understanding (MOU) to expand their cooperation with the widened agreement also potentially including cargo.
The two airline groups, who are close competitors in Southeast Asia and share the same historical roots, say they are set to explore wide-ranging strategic partnership and build on their codeshare agreement on flights in Singapore and Malaysia.
In a statement they said other potential cooperation could involve cargo as well as maintenance, repair and overhaul services.
All this is subject to obtaining the necessary regulatory approvals.
A formal agreement is intended to be finalised in the coming months they say, and will also include SIA subsidiaries SilkAir and Scoot, as well as Firefly, the sister airline of MAB.
“SIA and MAB operate in a region with a rapidly growing air travel market, presenting significant growth opportunities for both carriers. Both airlines have extensive operations within ASEAN, as well as large networks that cover many other parts of the world,” said SIA’s chief executive officer, Goh Choon Phong.
Malaysia Airlines’ Group CEO, Izham Ismail added that the airline has always historically had strong commercial and cultural links with Singapore Airlines and it is happy to build on that close relationship even further.