Malaysian Airlines to sell freighter aircraft

Malaysian Airlines is currently debating with the idea of selling some of its freighter aircraft if a suitable buyer can be found after having posted an approximate $138million quarterly loss, according to a recent press report. The airline company had hopes of breaking even by the year 2014 following a 3 year history of losses, however factors such as the disappeared of flight MH370 in March have faulted this plan.

The Director of Commercial Operations, Hugh Dunleavy, has commented in saying: “Every part of the airline will have to be looked at very carefully”, with the airline retiring its Boeing 737-400s, replacing them with 737-800s which will be able to work more efficiently and with longer utilisation periods of up to twelve hours instead of nine.

Malaysian Airlines has also been planning to order new aircrafts, including Airbus A330s and A350s before the tragedy of the disappearance of MH370 happened. The company has admitted that the second quarter of this year will be demanding, however there are hopes the airline may break even by 2015 should the new plans be implemented properly and correctly.