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Malaysia Airlines has been named as one of the top three performing carriers in Aviation Week and announced a quarterly nett profit of RM876 million, in its second quarter, the best-performing to date.
The profit, the award-winning carrier’s highest-ever recorded, was boosted by an increase of 10 per cent in domestic load factor (up to 66 per cent) and an 11 per cent increase internationally, bringing the load factor up to 65 per cent.
This achievement, made even more remarkable given that the world is in the grips of a recession, has been recognised in Aviation Week’s industry-leading rankings and competitive analysis. Its annual Top-Performing Companies Study, which this year placed liquidity and financial health as the top indicators, listed Malaysia Airlines amongst the top three performing mainline carriers for 2009.
Malaysia Airlines Regional Manager for UK and Ireland, Syed Abdillah Aziz comments: “Malaysia Airlines will continue to move onwards and upwards; we have already increased capacity for the domestic sector by six per cent and in 2010, will take delivery of a new B737-800. The 29th October 2009, marks our move to Heathrow’s improved Terminal 4, where First and Business Class guests will have access to Malaysia Airlines’ new and luxurious Golden Lounges. There are exciting times ahead.”
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
