Malaysia Aviation Group (MAG) will reinforce its cost discipline as United States (US) tariffs are anticipated to drive up the cost of aircraft components by between 5 and 14%. Group chief strategy and transformation officer Bryan Foong Chee Yeong said rising costs and supply chain disruptions may pressure profitability. "Besides, increased volatility in fuel and foreign exchange rates has also led to an uncertain cost base. Potential recessionary fears are softening demand for air travel and logistics," he said during the MAG 2024 Annual Performance media briefing today. Foong also pointed out that greater uncertainty in the supply chain is causing disruptions and delays in airlines securing aircraft, parts and components required to support operations. To mitigate these challenges, he said MAG has instructed its teams to adopt more disciplined cost management practices. "We will manage our costs more efficiently moving forward. We will continue to focus on international flows, which we have successfully strengthened over the past two or three years, to drive better volumes and high contribution from international markets. We will also continue to invest in our product to enhance the passenger experience on board and our services on the ground, as well as remain dynamic and agile in managing our capacity to cope with changes in the industry," he said.<br/>