Malaysia Airlines’ CEO Addressed Few Rumors Surrounding the Airline

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Ahmad Jauhari Yahya, the Chief Executive Officer (CEO) of Malaysia Airlines (MAS) has deined some of the allegation that the airline is facing as a result of unreliable foreign news report.

MAS denied the allegations that it is in the process of placing orders for 100 additional aircraft. According to Ahmad Jauhari, the ones that they are looking for is just the replacements of Boeing 777 planes that would be gradually retired by 2018.

Justifying the airline’s fourth quarterly consecutive loss, Jauhari explained because of an item that needs to be written off from engineering inventory. The item is said to belong to retired aircraft. The adjustment has caused the airline a negative value of earnings before interest, taxes, depreciation and amortisation (EBITDA). According to a quarterly report ending December 2013 of MAS, the EBITDA was recorded at negative RM 56 billion.

MAS has been in a series of losses throughout the years. Struggling for black digits written on its account book, MAS is still lagging behind with just 28% of carrier share in Kuala Lumpur International Airport (KLIA), compared to 56% as it used to hold back then in 2005.

Sources:

The Star Online – Airline chiefs in M’sia speak out on price war
The Star Online – MAS denies ordering 100 planes, expects no operating loss in coming quarters

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Malaysia Airlines Welcomes 100th Boeing 737 Aircraft

Boeing 737-800 Malaysia Airlines Delivery Ceremony (Picture Credit: thestar.com.my)

KUALA LUMPUR, December 22nd 2014 – Malaysia Airlines took delivery of its 100th Boeing 737 aircraft. Bearing the registration number 9M-MXY, the aircraft is painted with Malaysia Airlines’ new livery, consistent with other fleet of Malaysia Airlines Boeing 737-800s.

The aircraft was piloted by Capt Kamarozaman Ahmad arrived at Kuala Lumpur International Airport (KUL) at 2 PM on Monday and taxied towards Hangar 5 in the airport. A traditional water cannon salute is given to celebrate the arrival of the aircraft.

It first took delivery of a 737-200 in 1972 and has operated the -200, -300, -400, -500 variants of the Boeing 737. Currently, Malaysia Airlines focuses on taking delivery of Boeing 737-800, replacing all aging older-generation Boeing 737 in its fleet.

The aircraft uses Boeing Sky Interior. Malaysia Airlines is also Asia launch customer for the newly-designed interior, which features larger pivoting overhead stowage bins, LED lighting and larger window. Besides, it also has 15% better fuel efficiency compared to previous generation Boeing 737.

According to Malaysia Airlines’ chief executive officer (CEO), Ahmad Jauhari Yahya, the 160-seater aircraft includes better in-flight entertainment and larger pivoting overhead stowage bins.