Sunday, 3 May 2015

Malaysian Aircraft Sale

The troubled national airline of Malaysia, Malaysia Airlines, is planning to sell off some aircraft as the latest stage of its restructuring efforts. After the two recent air disasters and years of poor performance the national carrier was taken private last year by Malaysian sovereign wealth fund Khazanah Nasional Bhd under a government bailout. 

The troubled airline launched a marketing campaign last week for Boeing/s777-200ERs and Airbus A330-200 freighters, according to sources inside the airline.  Malaysia Airlines reiterated that it was reviewing its fleet as part of its restructuring programme. “Exploring fleet options to enhance viability of long-haul sectors is one area being looked into,” it said in a tweet, adding that its new business plan had not yet been finalised. 

Aviation commentators speculate that the airline is also about to lease out its Airbus A380's and withdraw a number of routes. 

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