6/14/13

Malaysia Airlines to Add More A380 Orders


More Super Jumbo Jet for Malaysia Airlines


Malaysian government airline, Malaysia Airlines, plans to add more Airbus A380 Super Jumbo Jet on its fleet, so expect these fuel-efficient aircraft could help change the corporate body that suffered losses for two consecutive years.

As reported by Bloomberg, Malaysia Airlines Chief Executive Officer Ahmad Jauhari Yahya said the company already has six A380s in its fleet, will add some more aircraft. Malaysia Airlines will decide this at the end of the year.

Ahmad Jauhari wants new planes to cut fuel expenditure which became the airline's largest expense, which amounted to 37 percent, and to compete with neighboring airline, Singapore Airlines.

These-Asian airlines will likely help sales of the superjumbo Airbus, whose sales are minimal in recent years due to the global crisis and the problems of defects in aircraft wing components. This causes some A380 production slots unsold.

In the last year only had orders for nine Airbus A380 aircraft from 30 targets set by the company. In January, said it would acquire 25 Airbus A380 orders by the end of 2013.

Mohshin Aziz, an analyst at Maybank Investment Bank based in Kuala Lumpur Malaysia Airlines is very optimistic to be profitable by the end of this year due to the revitalization of the fleet with new planes that use less fuel.

Ahmad Jauhari said Malaysia Airlines will receive 24 new aircraft this year and 25 more in the next two years.

Malaysia Airlines currently fly the A380 on a flight to Hong Kong, London, and Paris. Configure the company that operated the A380 seats 494, including First Class seats with a variety of luxurious and comfortable facilities to attract premium passengers.

"The A380 has been successful with the passenger occupancy rate by more than 80 percent, sometimes even up to full," said Ahmad Jauhari.

Malaysia Airlines also will retire 30 old planes this year to cut costs. The new planes generally have a fuel consumption that is lower than the old aircraft. With the removal of the old aircraft and the arrival of new aircraft, Ahmad Jauhari said Malaysia Airlines will have aircraft with an average age of 5.4 years at the end of 2013.

Besides that, Malaysia Airlines also targeted the stuffing passengers reaching more than 80 percent compared to today's 78 percent. The company will focus on the capital city of countries in Asia and a number of tourist destinations in the region.