Showing posts with label economic plan. Show all posts
Showing posts with label economic plan. Show all posts
Tuesday, 3 April 2012
MAS canceled plans
AVIATION Malaysia Airlines (MAS) to cancel plans to set up a subsidiary company of regional short-haul premium flights and instead will offer the service through a new department. Chief Operating Officer Short Range MAS / Firefly, Ignatius Ong, said the decision was made following the re-done some adjustments to the business module MAS for the initiative of regional airlines.
The strategy and operational objectives for the premium short-haul services remained unchanged, but there will be no new airline. "Operation (for services) will be placed under the MAS," he told reporters after the fifth anniversary of Firefly at Subang, Selangor yesterday. Ong, however, can not reveal detailed information on the matter because he said it would be announced by top management of MAS soon. establishment of premium short-haul airline announced new CEO of MAS management, Ahmad Jauhari Yahya, when presenting the company's business recovery plan The national carrier late last year. Service will use the full range of new aircraft Boeing 737-800 is targeted to meet the needs of luxury travelers. on an expansion plan of operation for
Friday, 3 February 2012
275 more Airbus until 2026
AIRASIA Bhd has received the remaining 275 Airbus A320 ordered in the next 14 years will come as part of expansion plans and aircraft operations.
Group Chief Executive, Tan Sri Tony Fernandes, said it involved 200 Airbus A320 Neo and 75 Airbus A320 aircraft.
He said the plane was part of the 375 planes worth U.S. $ 25 billion (RM75.4 billion), which ordered the airline's Airbus A320 with 200 Neo of U.S. $ 18 billion (RM54.3 billion), while 175 Airbus A320 is U.S. $ 7 billion (RM21 .1 billion). "So far, AirAsia received 100 aircraft, while another 275 received by 2026," he said at a press conference after the arrival of the Airbus A320-100 belonging to the group in the Low Cost Carrier Terminal (LCCT), Sepang yesterday. Also present, AirAsia chairman Datuk Aziz Bakar, Deputy Group Chief Executive, Datuk Kamarudin Meranun; AirAsia X CEO, Azran Osman-Rani and AirAsia Regional Head of Commercial, Kathleen Tan. Airbus A320 CFM Neo with LEAP-X engine can reduce fuel up to 16 per cent as well through the
Tuesday, 5 July 2011
AirAsia Airbus A320 200 book Neo
AirAsia Bhd, the operator of low-cost carrier, is expected to be among the world's largest airline group following the orders 200 Airbus A320 Neo, said Senior Consultant Aerospace & Defense, Frost & Sullivan, Kunal Sinha. "AirAsia Agreement in respect of the single largest order with Airbus in terms of number aircraft. The group currently operates 89 A320 aircraft and has orders for 86 A320 aircraft. A total of 200 neo-engined A320 CFM LEAP-X will be delivered from 2016 to 2026, "he said in Singapore.
Sinha said the growth in commercial aircraft network is likely to switch to a new area of Asia Pacific, China and West Asia. States, he said, is expected to follow different patterns that make the North American and European markets mature.
Friday, 1 July 2011
Firefly wingspan to South Asia
COMPANY community airline, Firefly, plans to add new destinations in South and North within the next five years, said managing director Datuk Eddy Leong. He said the company will explore new routes in North Asia, including Taiwan, Japan and South Korea, and Indian subcontinent in Southeast Asia.
"We will fly over the ASEAN as part of a long-term plans to offer flights to popular destinations," he said after launching Firefly's inaugural flight to Sibu, Sarawak.
Under code-sharing with its parent company Malaysia Airlines (MAS), Firefly offers the Kuala Lumpur-Sibu, using B737-800 for the Kuala Lumpur-Sandakan beginning August 1. Leong said, Firefly will also identify new domestic destinations such as Kuala Lumpur to Kuching, Miri and Bintulu and at the same time, making Singapore as a hub airport for connecting flight to
Tuesday, 28 June 2011
MAS proposes less fuel efficient cargo flight
malaysia Airlines (MAS) plans to reduce the load capacity of its flights on the third and fourth quarters of this year to reduce operating costs if the price of jet fuel continues to rise, said Managing Director and Chief executive officer Tengku Datuk Sri Azmil Zahruddin Raja Abdul Aziz said. "If we know note the tension in the Middle East and fuel prices go up, we may not increase flight capacity as before.
"One thing we will do is reduce a bit and could see more reduction in capacity in the third and fourth quarters of this year, compared to the second quarter.
"At current jet fuel prices, we can not increase flight capacity," he said after the annual general meeting (AGM), the national carrier in Kelana Jaya yesterday. 's first financial quarter and saw Airlines has increased its flight capacity by 11 percent compared to before. Tengku Azmil said, to reduce costs due to rising fuel prices, Malaysia Airlines hedge fuel prices jetnya 25 percent for this year, at U.S. $ 130. Meanwhile, the chairman Tan Sri Dr Munir Majid, who was asked in relation to a research note Maybank Investment Bank suggested that MAS be taken private, said they consider all the options and business as long as it benefits the group in the future. "What we can do is highlight the options available, but it is the right of shareholders to decide," he said. Khazanah Nasional Bhd is the largest shareholder controls about 69 per cent stake in MAS, while the Employees Provident Fund (EPF) was 11 percent. Maybank IB in a research note issued from the MAS proposed listing on Bursa Malaysia and instead consider a list of Firefly, MAS Engineering, MASkargo and well as terminal services. The research firm considers issuing from the list of Bursa Malaysia Airlines is not an unusual idea and instead enable MAS to get higher ratings when the intention was reinstated later. MAS recorded a net loss of RM242.339 million in the first financial quarter ended March 31 compared RM310.047 million net profit in the same quarter the previous year.
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