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Malaysia Airlines nearing decision on replacing 21 A330s, CEO says

June 19, 2022
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Malaysia Airlines nearing decision on replacing 21 A330s, CEO says
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A Malaysia Airways aircraft carrying the primary batch of vacationers arrives on the airport as Langkawi reopens to home vacationers, amid the coronavirus illness (COVID-19) pandemic, in Malaysia September 16, 2021. REUTERS/Lim Huey Teng

DOHA, June 19 (Reuters) – Malaysia Airways plans to announce a choice on changing its fleet of 21 Airbus (AIR.PA) A330 widebodies with extra fuel-efficient new-generation planes round mid- to late July, its chief government mentioned on Sunday.

“We’re in a late stage of the method. We’re taking a look at one-to-one substitute on our A330 fleet,” Malaysia Airways chief government Izham Ismail informed Reuters on the sidelines of airline business physique IATA’s annual assembly in Qatar.

He declined to say whether or not the airline would order the planes, meant to interchange 15 A330-300s and 6 A330-200s, from a producer instantly or from lessors.

The Airbus A330neo, A350 and Boeing 787 are the new-technology choices competing in that dimension vary, however Izham declined to reveal which sorts have been into consideration.

Malaysia Airways has A350s in its fleet and had positioned a provisional order for 787s in 2017 however let the deal lapse.

The fleet modernisation plan designed to assist decrease carbon emissions comes because the airline, which was loss-making for years even earlier than the pandemic, has been reporting constructive cashflow since October.

Izham mentioned Malaysia Airways, which lower its debt burden by greater than half as a part of a restructuring agreed with collectors final yr, hoped to return to a revenue in 2023.

(This story corrects variety of A330-200s to 6, not 9, in third paragraph)

See also  United Airlines pilots to get raises of more than 14% in new contract

Reporting by Jamie Freed in Doha; Modifying by William Mallard

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Tags: A330sAirlinesCEOdecisionMalaysianearingreplacing
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