Malaysia Airlines Set to Launch Campaign for 25 New Narrowbody Aircraft
Malaysia Airlines is gearing up to embark on a bold initiative to acquire 25 new narrowbody aircraft in the near future. The decision-making process is slated to conclude by mid-year, with Izham Ismail, Managing Director of parent company Malaysia Aviation Group (MAG), emphasizing the airline’s commitment to selecting aircraft that seamlessly integrate with its future network blueprint while ensuring long-term commercial viability.
Speaking at the group’s annual results briefing on March 21, Izham underscored the urgency of the endeavor, noting the rapidly diminishing availability of slots in the marketplace. He maintained the airline’s stance of being “manufacturer agnostic,” indicating openness to offerings from Boeing, Airbus, or even Chinese airframer Comac, provided they align with Malaysia Airlines’ operational framework.
The airline’s strategic chief, Bryan Foong, hinted at the possibility of either opting for a single aircraft type or a mixed fleet, underscoring the deliberative nature of their decision-making process.
While Malaysia Airlines currently has orders for Boeing 737 Max 8s, the delivery timeline has been marred by delays due to quality control and supply chain issues at Boeing. Nonetheless, Izham’s long-term vision of expanding the narrowbody fleet to 50 aircraft remains steadfast, with discussions on additional acquisitions dating back to late 2022.
In addition to the narrowbody initiative, MAG is contemplating the exercise of options for 20 Airbus A330neos, subject to board and shareholder approval. This move comes as Malaysia Airlines prepares to welcome the first of 20 A330neos in September, slated to replace its existing fleet of A330ceos. The acquisition, confirmed in 2022 through various leasing arrangements with lessor Avolon, will see the introduction of new cabin products, including Collins Aerospace’s innovative Elevation suite for the business-class cabin.
As Malaysia Airlines charts its course for the future, these strategic moves underscore its commitment to enhancing operational efficiency and delivering unparalleled passenger experiences amidst an ever-evolving aviation landscape.
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