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Malaysia Airlines to lease six wide-body planes

Malaysia Airlines to lease six wide-body planes

KUALA LUMPUR: Malaysia Airlines Bhd is leasing six second-hand Airbus A330-200s from AerCap Holdings NV, as it seeks to bring in wide-body planes to replace its ageing single-aisle jets.

“As laid out in the ongoing five-year MAS Recovery Plan, we are working hard to bring the airline to a competitive cost position. We also want to rebuild Malaysia Airlines so [that] we can reassume our previous premier position in the industry,” chief executive officer Peter Bellew told a news conference yesterday to update the national carrier’s turnaround plan that began in September 2014.

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