RM17,000 for a one way, economy airline ticket from Malaysia to London, courtesy of high demand due to lockdown fears

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RM17,000 for a one way, economy airline ticket from Malaysia to London, courtesy of high demand due to lockdown fears
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NSTnation Regional full-service carriers’ (FSC) fare between Kuala Lumpur and London (KUL-LHR) has skyrocketed amid Covid-19 and lockdown fears. MCO MovementControlOrder Covid19

Online checks by the New Straits Times today revealed that the airline tickets for KUL-LHR via Malaysia Airlines have surged rapidly due to encouraging demand for the travel period, beginning Thursday until March 31.It is learned that travellers would need to fork out nearly RM17,000 for economy class on a single-journey via a codesharing programme with Etihad Airways, Emirates and British Airways.

However, other MH destinations to/from Australia and New Zealand were offered at cheaper prices due to lack of demand as airlines were facing travel restrictions from governments globally to contain the Covid-19 spread. Aviation experts believe the sudden hike in air fares was due to airline’s ticketing algorithm system that detects high demand from travellers, citing that dynamic pricing comes into play.

Quoting an example, he said when there was one seat left and 100 travellers wanted it, the price would increase.“However, there is no human intervention in airlines ticketing system. It is run automatically by computers,” he said.

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