AirAsia announced plans to defer the delivery of eight A320-200 aircraft due in 2011 until 2014 (Associated Press, 05-Oct-2009). The carrier had originally planned to take delivery of 24 aircraft in 2011. In Jul-2009, AirAsia deferred the delivery of eight A320s due in 2010, meaning the carrier has deferred one third of its 48 aircraft due for delivery over the next two years. The LCC attributed the deferment to its concerns that Kuala Lumpur International Airport’s new LCCT will not be completed by late 2011, with the present terminal unable to handle its expansion plans.
AirAsia to defer delivery of eight A320-200s by three years to 2014
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Malaysia Airlines CEO Peter Bellew: "Something very wrong in the (Asian) long haul market"
Peter Bellew spent a decade at Ryanair before joining Malaysia Airlines in late 2015, initially as COO before being promoted to CEO in mid 2016. Mr Bellew held a wide range of positions during his tenure at Ryanair – including in operations, training, sales and marketing – providing ample exposure to Michael O’Leary’s unique approach to running an airline.
The new Malaysia Airlines strategy being implemented by Mr Bellew is decidedly non LCC. In recent months the government owned airline has reinforced its premium position, invested in its full service product, resisted unbundling, and pursued closer relationships with travel agents. However, Mr Bellew’s approach with supplier negotiations and media seems at times Ryanair-esque.
Mr Bellew has been extremely blunt in media interviews, public speeches and private meetings. He is not shy to talk about industry weaknesses and challenges – as well as opportunities to secure additional aircraft at bargain basement prices.
Malaysia 2017 aviation outlook: passenger growth may reach 15% as AirAsia, Malindo & MAS expand
Growth in Malaysia’s dynamic aviation market is set to accelerate in 2017 owing to aggressive expansion by all four of the main Malaysian carriers – AirAsia, AirAsia X, Malaysia Airlines and Malindo Air. The total passenger fleet in Malaysia is projected to grow 11% in 2017, and passenger growth could reach 15% as average aircraft utilisation rates at most of the airlines also increase.
The Malaysian market grew by 7% in 2016, to approximately 68 million passengers. Malindo Air captured the most growth, accounting for nearly half of the additional passengers. The Lion Group affiliate is again poised to account for nearly half of the total passenger growth in 2017, with more than four million additional passengers, although Malaysia Airlines, AirAsia and AirAsia X are also likely to carry at least one million additional passengers each.
Heavy discounting will be required in order to fill the additional seats and meet load factor and traffic targets. Fares in Malaysia are already very low and yields could decline further, particularly in 2H2017 when most of the additional aircraft are slated to be delivered.