Malaysia Airlines announced today an order for 25 B737 MAX 8 aircraft, valued at US$2.75 billion at current list prices. The order also includes purchase rights for additional B737 MAX 8 and B737 MAX 9s. Malaysia Airlines currently operates 56 737-800s. "This deal is a game-changer for Malaysia Airlines with much lower costs and greater efficiency which we will pass on to our loyal customers with lower fares," said Malaysia Airlines CEO Peter Bellew. "With the 737 MAX's longer range … [Read more...] about Malaysia Airlines orders 25 B737 MAX 8s
MAB
Malaysia Airlines CEO Mueller surprises with early resignation
In a surprise move Malaysia Airlines Bhd (MAB) CEO and managing director Christoph Mueller has announced his departure from the airline effective September 2016, but intends to remain as its non-executive director. In a statement, MAB said Mueller, who made immense contribution in the restructuring of Malaysia Airlines, had requested to depart before the end of his three-year contract due to "changing personal circumstances”. Mueller joined the Board of Malaysia Airlines System Bhd as a … [Read more...] about Malaysia Airlines CEO Mueller surprises with early resignation
Penang pushing for air cargo hub
Government officials from the Malaysian island of Penang have urged Malaysia Airport Berhad (MAB) to push for federal government funding to build an integrated air cargo terminal to accommodate future air cargo growth on the island. Penang’s Chief Minister Lim Guan Eng said the terminal is a worthwhile investment as it will bring in more cargo flights to Penang. "We really need an air cargo hub here so that we will be ready for a bigger market share of the cargo industry when the … [Read more...] about Penang pushing for air cargo hub
