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prestasi kewangan kumpulan - ChartNexus

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44<br />

The following are the highlights of<br />

the Malaysia Airlines sectors:<br />

Orient & North America<br />

•<br />

Continued improvement of the<br />

US economy and strong economic<br />

performance in the North Asia<br />

markets of Hong Kong, China,<br />

Taiwan and South Korea<br />

contributed to a marked increase<br />

in load factors and yields on the<br />

Orient & North America routes.<br />

The Japan routes performed<br />

satisfactorily despite the uncertain<br />

state of the Japanese economy.<br />

•<br />

Capacity growth in the region was<br />

quite restrained during the year,<br />

except for an additional frequency<br />

to Hong Kong following the<br />

commencement of code-share<br />

arrangements with Cathay Pacific<br />

in September, 2000 and an additional<br />

frequency to Shanghai in<br />

January 2001.<br />

•<br />

As a result, the region posted the<br />

most impressive gain in load<br />

factor and yield and a double-digit<br />

growth in revenue.<br />

Europe & Middle East<br />

•<br />

Contributing close to one-third of<br />

international passenger revenue,<br />

the European routes continued<br />

to experience improving traffic<br />

demand and load factors under<br />

generally favourable economic<br />

conditions in the UK as well as<br />

within the Euro currency zone.<br />

•<br />

Depreciation of the European currencies<br />

affected yields negatively<br />

but revenue growth remained<br />

strong as a result of very high load<br />

factors achieved on the European<br />

routes and the increase in business<br />

class traffic.<br />

•<br />

Capacity increase on the European<br />

routes was mainly from converting<br />

the B777 operation on the<br />

Manchester route to B747 and<br />

mounting an additional frequency<br />

to Frankfurt.<br />

•<br />

Middle East routes performed<br />

satisfactorily with an additional<br />

frequency to Jeddah whilst traffic<br />

demand on the Istanbul route<br />

recovered rapidly from the adverse<br />

effects of the earthquake in 1999.<br />

Australia & New Zealand<br />

•<br />

Routes to Australia and New<br />

Zealand also experienced strong<br />

growth in traffic demand following<br />

the injection of additional<br />

frequencies to Sydney, Melbourne,<br />

Perth and Auckland.<br />

•<br />

Load factors were generally higher<br />

compared to the year before and<br />

revenue grew at a double-digit<br />

rate, despite a softening in yields<br />

as economic conditions weakened<br />

with a sharp depreciation of the<br />

currencies in the later part of 2000.<br />

Asia & Africa<br />

•<br />

The economies of the markets<br />

served in this region, primarily<br />

Southeast Asia, India and South<br />

Africa, continued to show good<br />

growth during the year although<br />

the currencies weakened.<br />

•<br />

Indonesia remained unpredictable<br />

in its political and economic direction<br />

and intense competition was<br />

faced on the Indonesian routes<br />

during the later part of the year.<br />

•<br />

Except for Indonesia, most of the<br />

routes experienced strong traffic<br />

demand and high seat factors<br />

under tight capacity conditions<br />

and this enabled significant<br />

improvement in revenue and<br />

yields despite the weakening<br />

of the currencies.<br />

Singapore & Brunei<br />

•<br />

Performance on the routes to<br />

Singapore was satisfactory on the<br />

back of the strong Singapore<br />

economy.<br />

•<br />

The Brunei routes continued<br />

to experience falling demand and<br />

poor load factors after steps were<br />

taken in late 1999 to rationalize<br />

capacity between Kuala Lumpur<br />

and Bandar Seri Begawan on<br />

a code-share arrangement with<br />

Royal Brunei.<br />

Malaysian domestic<br />

operations<br />

•<br />

On the domestic front, the additional<br />

capacity planned on<br />

services within Malaysia was

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