MAS to remain a long-haul full-service carrier
KINIBIZ Malaysia Airlines will remain a long-haul full-service carrier when it moves from the old company (Old Co) MAS to Malaysia Airlines Bhd (MAB) or the new company (New Co). In his first press conference, Mueller said news reports that Malaysia Airlines would become a regional carrier were inaccurate.
He said “the route network will undergo some changes in the next couple of months but not significantly. I want to say today that the new Malaysia Airlines is not what I have read in the press, a regional carrier. Far away from that... of course we will have our backbone in the region, but not a regional carrier, We will be an international full-fledged carrier and we will keep operating long-haul aircraft.”
Furthermore, the CEO also emphasised that Malaysia Airlines planned to maintain all its domestic routes.
Mueller’s turnaround plan is split into three phases with the aim of breaking even by 2018. The first phase will be to stop the bleeding as MAS has been seeing massive losses from 2013. This will be done through capacity right sizing, eliminating sources of losses, headcount appropriation and the renegotiating of key contracts.
The following phase in 2016 will be to transform the airline into a sustainable operation through improvement projects. Mueller said that 40 such projects have already be identified through the airline’s operations.
Following which in 2017 to 2018 Malaysia Airlines will once again focus on growing its business and regaining its market share.
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