Malaysia Airlines has provided further clarification on its fleet strategy, following its previous updates on the matter.
Malaysia Airlines fleet strategy is a key component of the ongoing five-year 12-point MAS Recovery Plan (MRP) unveiled on August 29, 2014, which calls for the resetting of the airline’s operating business model towards a competitive cost position, with a focus on the network and revenue management.
In his presentation to media, Malaysia Airlines Chief Executive Officer Peter Bellew provided an in-depth update on Malaysia Airlines’ fleet strategy, as well as its business performance, products and services, among others.
As emphasized in its statement on September 21, 2017, Malaysia Airlines has a firm order of 25 Boeing 737 aircraft and options on other types of aircraft, including both new and used aircraft from Boeing and Airbus. Overall, this strategy will provide Malaysia Airlines with the flexibility in deciding which aircraft suits its operational environment best moving forward.
In line with this, Bellew also announced that Malaysia Airlines has signed a Letter of Intent (LOI) for the lease of six (6) second hand Airbus A330-200, as replacement for six narrow body Boeing 737 that are being returned to lessors . The A330-200 aircraft, expected to begin arriving from February 2018, will allow the airline to bridge the next generation wide-body aircraft orders. The LOI with AerCap, the lessor of the aircraft, was signed today.
As per the LOI, the A330-200s will be leased for six years from 2018 to 2023 and will mainly be used to up-gauge several high-demand medium haul routes. The aircraft features are very similar to Malaysia Airlines’ current A330-300 fleet with exactly the same Pratt & Whitney engines. Malaysia Airlines is negotiating a maintenance support program with Pratt & Whitney. The six aircraft will have a two class configuration, 287 seats with 19 fully lie flat Business Class seats, brand new IFE on all seats and WiFi.
Malaysia Airlines previously operated Airbus A330-200s (see photo).
Malaysia Airlines currently operates six A380s, 15 A330-300s and 48 Boeing 737-800s.
Copyright Photo: Malaysia Airlines Airbus A330-223 9M-MKV (msn 296) (Visit Malaysia Year) SIN (Michael B. Ing). Image: 900997.