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Bus companies driven to desperation - superadmin - 03-04-2021 PETALING JAYA: The head of the umbrella body for Malaysian bus operators has painted a grim picture for the industry but says he can accept the pain in the short term in hopes of a better future. Mohamad Ashfar Ali, president of the Pan-Malaysian Bus Operators Association, said the restrictions that had been imposed over the last year had been devastating for bus companies. “For express buses, revenue loss has basically been 100% when interstate travel is banned because they just don’t operate,” he told FMT. “The same goes for companies servicing routes to Thailand and Singapore.” Even for stage buses operating within state borders, he said, broad restrictions had greatly reduced their collections. - More - |