Malaysia Airports Holdings announced (07-May-2013) contractors for the Kuala Lumpur International Airport terminal two project (KLIA2) may have difficulty meeting the facility's 28-Jun-2013 deadline. Malaysia Airports plans to meet with the contractors to confirm their ability to meet the deadline. [more - original PR]
Malaysia Airports Holdings concerned KLIA2 will miss Jun-2013 deadline
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Lion Air Group's Malaysia based Malindo is planning further rapid expansion of its international network over the next month, with four new destinations. The upcoming launch of Brisbane, Chittagong, Guangzhou and Yangon will give Malindo 33 international destinations in Apr-2017, compared to 29 currently and only 21 in Apr-2016.
Malindo Air has also added a remarkable 18 aircraft over the past year, growing its fleet from 27 aircraft in Apr-2016 to 45 aircraft currently. Malindo is planning to expand its fleet by at least 10 aircraft in 2017, including its first widebodies. Three A330-300s will enable Malindo to launch Melbourne or Sydney in 4Q2017, along with other potential medium haul routes such as Kuala Lumpur-Tokyo that cannot be operated with its current 737 fleet.
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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.