Eyeing a larger share of the passenger traffic pie, Malaysia Airlines has reduced the fuel surcharge by 53 per cent from Monday for flights to Kuala Lumpur from India.

As a result of the reduction, the return airfare from India to Malaysia starts from Rs 16,528, including taxes, the carrier said in a statement.

The airline has reduced the surcharge on tickets from India to Australia and New Zealand by 27 per cent. The airfare for Australia now starts from Rs 37,846.

"We are pleased to reduce the fuel surcharge and offer more competitive fares to benefit our customers especially with the on-set of the holiday season," Malaysia Airlines Regional Manager-South Asia Azahar Bin Hamid said.

The charge on India-North America sector has been cut by $106 for a round trip.