30-Sep-2009 10:53 AM

Malaysia Airlines states it has no plans to change its order for six A380 aircraft

Malaysia Airlines stated it has no plans to change its order for six A380 aircraft, to be delivered from 2011, following media reports that the carrier was considering swapping the aircraft for A330s and A350s (Malaysia Business Times, 30-Sep-09). CEO and Managing Director, Tengku Azmil Zahruddin stated he was not concerned by news that Singapore Airlines was having difficulties achieving required yields from operating the A380, as this is a reflection of the current environment. Mr Zahruddin added he does not expect further delays for Boeing and Airbus aircraft deliveries due in 2010 and 2011.

Malaysia Airlines:
“We don’t want to be one of the many airlines that order planes at the peak with delivery at the trough [of an economic cycle].” Tengku Azmil Zahruddin, Managing Director. Source: Bloomberg, 29-Sep-09.