9 MARCH 2015

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Article from BTNews 9 MARCH 2015

A380 and Malaysia Airlines

Will Malaysia Airlines become the first airline to dispose of its Airbus A380s?  Would Turkish Airlines take the six-strong fleet on?

The carrier has announced plans to cut its global seat capacity by 10% to concentrate on regional growth.  The airline currently flies the Toulouse assembled jet twice daily to Heathrow but will shortly have competition from British Airways with a four-class Boeing 777.  This raises the route capacity by 22%.  The A380 is also used for Amsterdam and Paris Charles de Gaulle.

The airline has also said staff are being reviewed through a 'talent assessment exercise' with the aim of cutting 6,000 jobs.

The moves were revealed by Khazanah, the country's sovereign wealth fund, which last year took control of the airline after it was hit by two tragedies, reports the  Financial Times.  In March 2014, flight MH370 disappeared en route from Kuala Lumpur to Beijing and four months later, flight MH17 was shot down in a missile attack over eastern Ukraine.

Former Aer Lingus boss Christoph Mueller started as the new Chief Executive at the beginning of March.  He is an astute operator and a former head of TUI airline operations and CEO of Sabena.   www.malaysiaairlines.com/my/en.html

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