Malaysia's AirAsia Group Berhad announced on Wednesday its decision to ground approximately 90% of its fleet, which currently consists of more than 200 aircraft across Asia, including slightly over 100 aircraft in Malaysia. This decision had to be made due to an ongoing wave of Covid-19 infections in Malaysia, where daily cases have been consistently reported in the thousands in the past week. AirAsia Malaysia, the largest low-cost carrier in Malaysia, expects demand to start recovering in August, allowing it…
Malaysia's flagship low-cost carrier AirAsia Group filed a stock exchange on Thursday (May 27) showing a smaller first-quarter net loss - which marks its seventh consecutive quarter losses - having narrowed by 4.5 percent. This loss was narrower as the airline was able to successfully negotiate with aircraft lessors on…
Malaysia Airlines is further extending its longstanding partnership with Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) by signing a component support contract for its Boeing 737 fleet. Under its new long-term contract, AFI KLM E&M is to provide component solutions to Malaysia Airlines, including repair and logistics.…
Six months into the Coronavirus pandemic, Malaysia Airlines is seeing the light at the end of the tunnel. According to New Straits Times, the carrier is going to add 50% of flight capacity with 150 flights daily by the end of the year. Amhad Luqman Mohd Azmi, the carrier's Chief…
Amidst the continuing global pandemic, Japan Airlines and Malaysia Airlines are eager to overcome the obstacles of the current, revamped airline industry that is filled with uncertainty, major repercussions, temporary travel restrictions and new, transformative policies. Both carriers — which are a part of the Oneworld alliance, the world’s third-largest…
Malaysia Airlines has taken the next step in selling a stake of the carrier to another company in its quest to return to profitability. The country’s Prime Minister Mahathir Mohamad says that five bids have been received in hopes of selling part of the struggling carrier and keep it flying.…
State-owned Malaysia Airlines has received RM300 million ($71 million) of funding from the government. Earlier this year, the government already pumped RM500 million ($119 million) into the airline. In 2014, both the MH370 and MH17 incidents made a profound impact on Malaysia Airlines. As a result of the double tragedy,…
State-owned Malaysia Airlines has received RM300 million ($71 million) of funding from the government. Earlier this year, the government already pumped RM500 million ($119 million) into the airline. In 2014, both the MH370 and MH17 incidents made a profound impact on Malaysia Airlines. As a result of the double tragedy,…
Building on their current codeshare agreement that includes flights between Singapore and Malaysia, Singapore Airlines and Malaysia Airlines have signed a Memorandum of Understanding (MOU) that would see stronger cooperation between both carriers, including extending cooperation to each other’s subsidiaries and introduce shared benefits for each other’s frequent flyers. The…
On Sunday, Malaysia Airlines added new routes to their future Airbus A350 network. According to AirlineRoute, Malaysia will be using their new A350 on flights to Tokyo and Auckland from their hub in Kuala Lumpur. These will mark the second and third regularly scheduled routes for the aircraft with Malaysia.…
