{"id":1280,"date":"2009-10-02T10:17:35","date_gmt":"2009-10-02T07:17:35","guid":{"rendered":"http:\/\/www.turizmtatilseyahat.com\/en\/?p=1280"},"modified":"2022-09-28T13:06:35","modified_gmt":"2022-09-28T12:06:35","slug":"malaysia-airlines","status":"publish","type":"post","link":"https:\/\/www.turizmtatilseyahat.com\/en\/malaysia-airlines\/","title":{"rendered":"Malaysia Airlines sticks to A380 superjumbo orders"},"content":{"rendered":"

\"Malaysia<\/a>Malaysia Airlines said Friday it will stick to its order of six Airbus A380s as it expects global travel to pick up by late next year.<\/strong><\/p>\n

Newly appointed Managing Director Tengku Azmil Zahruddin\u00a0said the superjumbos, due to be delivered from 2011, will be used for long-haul routes such as London, Sydney and Armsterdam.<\/p>\n

The airline is also taking delivery of 35 Boeing (\t BA – news – people ) B737-800 aircraft from the fourth quarter of 2010 to replace its existing single-aisle planes. Its fleet renewal plan aims to lower costs for fuel, engineering and maintenance, Azmil said.<\/p>\n

“Our core network is in Asia, Middle East and Australia … but we do have a lot of traffic coming in from Europe. The A380s will allow us to do a lot more than what we are able to do today,” he told a news conference.<\/p>\n

Some airlines are reviewing their A380 orders as the slump in global travel undermines the profitability of flying the superjumbo.<\/p>\n

The International Air Transport Association has predicted global airline losses will swell to $11 billion this year. It predicted a 2010 loss of $3.8 billion, and doesn’t expect the industry to turn a profit until 2011 at the earliest.<\/p>\n

Azmil said 2011 will be good timing for Malaysia Airlines to take delivery of the A380 given the expected industry upturn.<\/p>\n

The carrier is also studying plans to buy a new fleet of wide-bodied aircraft to cater to future growth but has not yet made any decision, he said.<\/p>\n

Azmil, who joined the airline in 2005, took over the helm from Idris Jala following Jala’s appointment as a Cabinet minister in late August.<\/p>\n

He said the carrier plans to further cut costs by 700 million ringgit ($202 million) this year. Bookings have been promising but yields – a measure of revenue per seat – remained soft, he said. The carrier has cut capacity by 12 percent in the first half this year and recently withdrew from New York and Stockholm routes.<\/p>\n

Malaysia Airlines returned to profitability in the second quarter, thanks to a large gain on derivatives contracts, but still suffered an operationg loss due to a decline in sales.<\/p>\n

It posted a net profit of 876 million ringgit ($250 million) for April-June, rebounding from a loss of 695 million ringgit ($199 million) in the previous quarter and up from 34 million ringgit ($10 million) in the same quarter a year earlier.<\/p>\n\n","protected":false},"excerpt":{"rendered":"

Malaysia Airlines said Friday it will stick to its order of six Airbus A380s as it expects global travel to pick up by late next year.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_counter":[],"jnews_post_split":[],"footnotes":""},"categories":[7997,137],"tags":[7981],"class_list":["post-1280","post","type-post","status-publish","format-standard","hentry","category-far-east","category-sectoral","tag-malaysia"],"_links":{"self":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/1280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/comments?post=1280"}],"version-history":[{"count":1,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/1280\/revisions"}],"predecessor-version":[{"id":9251,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/1280\/revisions\/9251"}],"wp:attachment":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/media?parent=1280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/categories?post=1280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/tags?post=1280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}