MAG secures fuel supply, optimises hedging strategy amid global volatility

Malaysia Aviation Group (MAG) has secured sufficient fuel supply to sustain operations as per current fuel contract, despite growing concern over shortages and rising oil prices globally.<br /><br />The assurance comes amid concerns that some regional carriers may face fuel constraints as early as mid-year due to supply disruptions.<br /><br />President and group chief executive officer Nasaruddin A Bakar said MAG’s position is supported by contractual supply arrangements across both domestic and international markets.<br /><br />Read more at https://tinyurl.com/tadvjepn<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline