airasia, malaysia airlines merger

In any case, market size remains an important consideration given that the merger of AirAsia and MAB would make it Malaysia’s largest airline and one of the biggest in the region, as pointed in aviation news and insights portal Simple Flying. Malaysia Airlines-AirAsia merger is an option says Minister Malaysia Airlines Airbus A330-300 © Oneworld 24.04.2020 - 01:45 UTC Malaysia's Minister of International Trade and Industry has suggested that a merger of Malaysia Airlines and AirAsia is being considered as an option to help save both carriers. Both are struggling as a result of the collapse in the global airlines industry. In 2012, a share swapping deal between the airlines was proposed. Despite MAB’s turnaround plan it was still not profitable, as pointed by The Edge Markets. Mohamed Azmin Ali, Malaysia's … Merging money-losing state carrier Malaysia Airlines Bhd (MAB) with budget airline AirAsia Group Bhd is one of the options to "save" them as the COVID-19 crisis batters the industry, Malaysia's second-most senior minister told Reuters on Friday. Linkedin . Malaysia Airlines has made this announcement: Malaysia Airlines fans can now enjoy the much-missed inflight cabin experience and get hold of its premium inflight products via the airline’s flagship e-retail store, Temptations. AirAsia, Malaysia Airlines merger an option as Covid-19 hits industry: Malaysia minister. Published. While some have turned to their governments for support, others are finding it more challenging to secure the finances they need. Exclusive signature items such as pyjamas set, amenity kit and duvet, that were only available to its premium passengers onboard are now available… With gradual opening of borders following the vaccine outlook and news of travel bubbles that may be driven by the adoption of a digital health pass, the umrah and hajj markets may provide a lucrative market. In addition to managing costs without sacrificing service quality — which is probably something that AirAsia’s experience could add value to — a consolidation of market rivals combined with a business plan for better cost management and improved economies of scale could be the way to go. The idea was floated last year as well. April 18, 2020. Malaysia Airlines Merger With AirAsia a Possibility. Malaysia Airlines, AirAsia merger an unlikely option, say aviation experts. (File pic) PETALING JAYA: An economist believes AirAsia and Malaysia Airlines … This makes sense given claims of market over-capacity. Photo: Reuters. Bernama . February 13, 2021. Furthermore, the cost-cutting efforts came at the price of service quality and that MAB lost the five-star rating given by Skytrax during its turnaround efforts. The International Air Transport Association (IATA) reported that fuel bill accounts for 23.7 per cent of the operating expenses in the global airline industry in 2018. A merger with AirAsia is seen as a possible solution to save the ailing Malaysia Airlines. Save my name, email, and website in this browser for the next time I comment. Malaysia Considers AirAsia and Malaysia Airlines Merger. AirAsia’s experience in managing airlines and its expertise in low-cost formulas are exemplary and may benefit a merger with MAB, which has been reported to be relatively less cost-efficient. * Ameen Kamal and Sofea Azahar are part of the research team of EMIR Research, an independent think tank focused on strategic policy recommendations based on rigorous research. As pointed by CAPA, widebody aircrafts are not suited for flight services with the combination of low-cost, high-frequency and short-hauls — the usual scenario for point-to-point model of flight paths. Malaysia is no different, as the government considers merging AirAsia and Malaysia Airlines. Shukor Yusof, head of aviation consultancy Endau Analytics, said a merger between Malaysia Airlines Bhd (MAB) and AirAsia Group would harm Malaysian consumers by creating a monopoly on many routes where both airlines are currently competing aggressively. Friday, April 17, 2020, 16:48 GMT+7 . KUALA LUMPUR (July 10): Khazanah Nasional Bhd is not discounting the possibility of a merger between Malaysia Airlines Bhd and AirAsia group, which consists of two listed entities — AirAsia Group Bhd and AirAsia X Bhd (AAX). Nevertheless, Malaysia Airlines has struggled to cut costs. This is not the first time both Malaysia Airlines and AirAsia X have held talks for a potential deal. AirAsia, Malaysia Airlines merger an option as COVID-19 hits industry: minister. Malaysia’s Khazanah Nasional Bhd revealed on Saturday that a merger between the state’s flag carrier and AirAsia would be challenging to carry out. KUALA LUMPUR,. KUALA LUMPUR (July 10): Khazanah Nasional Bhd is not discounting the possibility of a merger between Malaysia Airlines Bhd and AirAsia group, which consists of two listed entities — AirAsia Group Bhd and AirAsia X Bhd (AAX). Twitter. Share. * By using this form you agree with the storage and handling of your data by this website. Both are struggling as a result of the collapse in the global airlines industry. However, in order for a new business plan to maximise the usage of widebody aircrafts or superjumbos and increase traveller volumes in Malaysia, an effort to revive Malaysia’s competitiveness in the hub-and-spoke model may be needed. Airlines will have to cooperate with each other in order to weather and recover from the disruption caused by Covid-19. The merger has the potential to leverage management and strategic expertise from both companies. For Malaysia’s major airlines, experts say a rescue plan is a must but merger is an unlikely option. Facebook. Linkedin. As reported in 2015, then CEO of MAB Christoph Mueller pointed to a “non-state-of-the-art” procurement process. In a Reuters exclusive, a senior minister of Malaysia’s government confirmed that a merge between loss-making Mal… In line with the fleet reshuffling effort, the merger may present an opportunity to consolidate intangible assets such as landing rights to be fully utilised through the combined management and strategic expertise. KUALA LUMPUR, July 26 -- Khazanah Nasional Bhd has stressed that a merger between Malaysia Airlines Bhd (MAB) and low-cost airline AirAsia would be difficult to carry out. DECEMBER 3 — One contributing factor for Malaysia Airlines Berhad’s (MAB) struggles was competition from the low-cost-carrier (LCC) AirAsia group. Merging state carrier Malaysia Airlines Bhd (MAB) with budget airline AirAsia Group Bhd is one of the options to “save” them, Malaysia’s second-most senior minister told Reuters. Singapore Airlines, Scoot And SilkAir Operate First Flights With a Full Set Of Vaccinated Pilots And Cabin Crew. However, the deal was called off after Malaysian Airlines’ worker’s union objected the deal. Relatedly, the merger exposes the new management on how best to improve existing initiatives such as the Amal project. Many airlines have been named as potential partners, but sources say the only serious bids on the table are from Japan Airlines and MAS’ fiercest competitor, AirAsia Group Bhd. Merging money-losing state carrier Malaysia Airlines Bhd (MAB) with budget airline AirAsia Group Bhd is one of the options to "save" them as the COVID-19 crisis batters the industry, Malaysia's second-most senior minister told Reuters on Friday. KUALA LUMPUR, … In any case, market size remains an important consideration given that the merger of AirAsia and MAB would make it Malaysia’s largest airline and one of the biggest in the region, as pointed in aviation news and insights portal Simple Flying. Shahril reportedly opined that the local market size of 30 million people is too small given the oversupply contributed by Malaysia Airlines, AirAsia, and Malindo. The potential merger between AirAsia X and Malaysia Airlines would lead to the creation of a new aviation company which will operate under the Malaysian Airlines brand, and this could affect Malaysia Air Asia X’s long-haul low-cost business, according to reports. Khazanah managing director Datuk Shahril Ridza Ridzuan said the different business model and work culture of the two entities would make a merger between the two an unlikely option. "That discussion took place last year, even before this pandemic came. The sovereign wealth fund believes a coalition between Malaysia Airlines and budget airline AirAsia will reduce customer segmentation. On the other hand, AirAsia’s fleet of Airbus A320 narrow-body aircraft may focus on domestic and regional destinations using the point-to-point model. As for productivity rate, the UPM research paper highlighted AirAsia’s level of crew productivity was three times more than Malaysia Airlines. AirAsia, Malaysia Airlines merger an option as Covid-19 hits industry: Azmin. The Mastercard-CrescentRating Global Muslim Travel Index 2019 estimated 140 million international Muslim visitors in 2018 with a projection of 230 million by 2026. The idea of a merger of ailing Malaysian national carrier Malaysia Airlines and budget airline AirAsia is back, this time as an option to secure both carrier's survival as the industry gets battered like never before by the coronavirus crisis, fleets got grounded and revenue evaporated. While the local airline industry appears to face intense competition, the opposite could be said with Malaysia’s airport situation. ** This is the personal opinion of the writer or publication and does not necessarily represent the views of Malay Mail. admin April 18, 2020 8:16 AM 0. Photo: Jonathan Tallman. Merging state carrier Malaysia Airlines Bhd (MAB) with budget airline AirAsia Group Bhd is one of the options to “save” them, Malaysia’s second-most senior minister told Reuters. Malaysia’s government does not rule out the possibility of a merger between Malaysia Airlines and AirAsia. Subscribe to our Telegram channel for the latest updates on news you need to know. Share. There is talk by Malaysia government leaders to merge Malaysia airlines with budget airline AirAsia. For Malaysia’s major airlines, experts say a rescue plan is a must but merger is an unlikely option. Malaysia’s government does not rule out the possibility of a merger between Malaysia Airlines and AirAsia Azmin was quoted by those reports as saying that a possible merger has been on the cards since last year, but added that more discussions are … For example, the merger may allow access to landing rights and flight paths that are crucial to fully tap into the Islamic tourism market. Shukor Yusof, head of aviation consultancy Endau Analytics, said a merger between Malaysia Airlines Bhd (MAB) and AirAsia Group would harm Malaysian consumers by creating a monopoly on many routes where both airlines are currently competing aggressively. Exclusive: AirAsia, Malaysia Airlines merger an option as COVID-19 hits industry - minister Breaking News Ad-Free Version .Upgrade your Investing.com experience. Keeping in mind AirAsia X’s deal with Airbus to acquire 78 Airbus A330-900s, 30 A321XLRs, and 10 A350-900s, Ahmad Maghfur Usman believes the new company must trim its short-haul business even further and concentrate on boosting its mid-long-haul segment. KUALA LUMPUR (REUTERS) - Merging money-losing state carrier Malaysia Airlines Bhd (MAB) with budget airline AirAsia Group Bhd is one of the options to … As reported in The New Straits Times, this project focusses on umrah and haj pilgrims, which may also be an attempt to better utilise MAB’s fleet of A380s — notwithstanding concerns raised by Yusof. Telegram. Shukor Yusof, head of aviation consultancy Endau Analytics, said a merger between Malaysia Airlines Bhd (MAB) and AirAsia Group would harm Malaysian consumers by creating a monopoly on many routes where both airlines are currently competing aggressively. Malaysia's Minister of International Trade and Industry has suggested that a merger of Malaysia Airlines and AirAsia is being considered as an option to help save both carriers. Given the supressed current markets, the merger’s rationalisation plan may require it to downsize, but at the same time open up opportunities in fleet reshuffling as part of its new business plan. Pinterest . According to the reports, the Malaysian government would inject money to recapitalise the state-owned airline and settle all of its debts prior to the merger. Apr 17, 2020, 5:27 pm SGT KUALA LUMPUR (REUTERS) - Merging money-losing state carrier Malaysia Airlines (MAS) with budget airline AirAsia Group is one of … We may need stronger domestic airport competition to drive better services and better prices for travellers and for airline companies. Singapore Airlines, Scoot And SilkAir Operate First Flights With a Full Set Of Vaccinated Pilots And Cabin Crew. This could be hinting at MAB’s struggles to compete in the LCC market and that it should’ve stick to its strengths in higher-end full carrier services. The potential merger between AirAsia X and Malaysia Airlines would lead to the creation of a new aviation company which will operate under the Malaysian Airlines brand, and this could affect Malaysia Air Asia X’s long-haul low-cost business, according to reports. AirAsia, Malaysia Airlines merger an option as COVID-19 hits industry: Minister Mohamed Azmin Ali, Malaysia's Minister of International Trade and Industry and the government's designated second-in-command, said deliberations would soon take place on various options to help out the country's airline industry. He said a possible merger between MAB and AirAsia, a private airline based in Malaysia and operating in multiple countries, was considered even last year. AirAsia planes are seen parked at Kuala Lumpur International Airport 2, during the movement control order due to the outbreak of the coronavirus disease (COVID-19), in Sepang, Malaysia April 14, 2020. According to CAPA, Malaysia Airlines was given the “5-star airline” rating and was the first airline to be consecutively awarded with the “World’s Best Cabin Crew” by Skytrax UK. AirAsia was awarded the “World’s Best Low-Cost Airline” for 11 consecutive years at Skytrax World Airline Awards 2019. feasible compared to Singapore and Bangkok, where both Singapore Airlines’ Scoot and Thai AirAsia X have seen a financially more sustainable performance than Malaysia AirAsia X, where Kuala Lumpur is its base.”. Posted on April 18, 2020 by Jonathan in Airlines, News, The Winglet // 0 Comments. Related. AirAsia was also found to be better in aircraft turnaround times and average aircraft utilisation rate. KUALA LUMPUR (July 10): Khazanah Nasional Bhd is not discounting the possibility of a merger between Malaysia Airlines Bhd and AirAsia group, which consists of two listed entities — AirAsia Group Bhd and AirAsia X Bhd (AAX). (File pic) PETALING JAYA: An economist believes AirAsia and Malaysia Airlines … April 18, 2020. Malaysia Considers AirAsia and Malaysia Airlines Merger. Malaysia Airlines and AirAsia have figured in talks of a merger since the Covid-19 crisis began. Bernama. The Mastercard-CrescentRating Digital Muslim Travel Report 2018 estimated US$180 billion expenditure in 2026 for online travel purchases by Muslim travellers. Merging money-losing state carrier Malaysia Airlines Bhd (MAB) with budget airline AirAsia Group Bhd is one of the options to "save" them as the COVID-19 crisis batters the industry, Malaysia's second-most senior minister told Reuters on Friday. Shukor Yusof, head of aviation consultancy Endau Analytics, said a merger between Malaysia Airlines Bhd (MAB) and AirAsia Group would harm Malaysian consumers by creating a monopoly on many routes where both airlines are currently competing aggressively. Apr … Telegram. Therefore, MAB’s fleet of widebody aircrafts may be focused on long-haul, full-service flights and higher-end markets prioritised for the hub-and-spoke model of flight paths. Malaysia won't rule out MAS-AirAsia merger. Check out airasia.com and get only the best deals today! This appears to be an overlooked and underestimated matter when it comes merger discussions. As reported in The Edge Markets in 2019, Khazanah’s managing director Datuk Shahril Redza Ridzuan claimed that the airline’s CASK was only 15 per cent to 20 per cent higher than AirAsia and was in fact lower than regional airlines such as Singapore Airlines, Thai Airways and Cathay Pacific. AirAsia, Malaysia Airlines merger an option as COVID-19 hits industry: Minister Mohamed Azmin Ali, Malaysia's Minister of International Trade and Industry and the government's designated second-in-command, said deliberations would soon take place on various options to help out the country's airline industry. KUALA LUMPUR,. On this matter, The Malaysian Reserve reported Tony Fernandes pointing to ample growth potential in the low-cost market, instead of the widely claimed oversupplied market. Today, it has been revealed that two of Malaysia’s largest airlines are contemplating a merger, in a bid to ensure both parties survive. Sunday, 26 Jul 2020 11:39 AM MYT. Malaysia Airlines’ experience in providing high-class full carrier services can add value to the merger as well. Pinterest. WhatsApp. Dubai's Ayana signs JV to develop $1.6 bn US real estate project, Kavitha Ramachandran, Head of Business Development & Client Management – Continental Europe, Chris Biggs, Partner of Theta Global Advisors, #DigitalDEWA signs MoU with du to drive #, Malaysia Airlines merger could hit Malaysia AirAsia X, MIDF to own 60% stake in the proposed merger with Al Rajhi, Nigeria’s CcHub acquires Kenya’s leading tech incubator. Since last year, the government has been looking for a strategic partner for MAB. Malaysia Airlines and Japan Airlines enter new partnership. The single operator system may need to be reviewed to ensure the business plan for the new merger can be well-supported. Azmin was quoted by those reports as saying that a possible merger has been on the cards since last year, but added that more discussions are underway “to see how best we can save those airlines”. Airlines will have to cooperate with each other in order to weather and recover from the disruption caused by Covid-19. A merger between Malaysia Airlines and AirAsia was discussed even before the pandemic, said the Minister of International Trade and Industry. This could make sense for AirAsia given its closure of AirAsia X which cover longer-distance flights and could be a way to utilise MAB’s fleet of superjumbos. PHOTO: CHINA PRESS . The pandemic that has killed at least 143,744 people around the world has led to lockdowns in many countries, brought air travel to a virtual halt and left airlines battling for survival. But we need to continue the discussion," said Ali. Khazanah: Difficult for Malaysia Airlines, AirAsia merger to happen. Malaysia Airlines, AirAsia merger an unlikely option, say aviation experts . Khazanah managing director Datuk Shahril Ridza Ridzuan speaks during a panel discussion at Invest Malaysia 2019 in Kuala Lumpur March 19, 2019. Lufthansa weighs more aircraft retirements after record loss, Your personal data may have been compromised, Malaysia Airlines tells its frequent flyer members, AirAsia Group postpones Q4 results to end-March. With the current downturn in travel demand taking chunks out of airlines’ profitability, carriers are doing everything they can to stay in business. In the month of June, Khazanah Nasional Berhad hired Morgan Stanley as an adviser to review the Airline’s business model and to explore possible options to turn around the loss-making airline. With regard to the merger between Malaysia Airlines and AirAsia X, Ahmad Maghfur Usman, an aviation analyst, wrote in a report that, “The formation of the new company would see less competition, particularly from the mid-haul segment, although competition from Malindo Air, AirAsia Group, and foreign carriers are likely to persist.”, He added, “With regards to Malaysia, we think the viability of operating a long-haul low-cost airline is less Malaysian sovereign fund Khazanah Nasional is reportedly pushing for a merger between Malaysia Airlines (MH, Kuala Lumpur Int'l) and AirAsia X (D7, Kuala Lumpur Int'l) to turn the two loss-making carriers into a profitable singular entity, The Malaysian Reserve newspaper has written. Subscribe to our Telegram channel for the latest updates on news you need to know. Merging money-losing state carrier Malaysia Airlines Bhd (MAB) with budget airline AirAsia Group Bhd is one of the options to "save" them as the COVID-19 crisis batters the industry, Malaysia's second-most senior minister told Reuters on Friday. AirAsia’s experience in managing airlines and its expertise in low-cost formulas are exemplary and may benefit a merger with MAB, which has been reported to be relatively less cost-efficient. Malaysia Airlines Appears To Survive (Yet Again) - LoyaltyLobby. PETALING JAYA: Transport experts say a merger of AirAsia and Malaysia Airlines … According to the Centre for Aviation (CAPA), despite AirAsia coming into the scene only in 2003, it not only surpassed MAB to become the largest airline in Malaysia but also one of the largest in Asia. Given that the pandemic has hit both companies badly, the future of Malaysia’s aviation connectivity may be at stake and the current market calls for an alternative to the competition, such as a strategic merger between the traditional rivals. By TN Bureau. Shukor Yusof, head of aviation consultancy Endau Analytics, said a merger between Malaysia Airlines Bhd (MAB) and AirAsia Group would harm Malaysian consumers by creating a monopoly on many routes where both airlines are currently competing aggressively. The potential merger between AirAsia X and Malaysia Airlines would lead to the creation of a new aviation company which will operate under the Malaysian Airlines brand, and this could affect Malaysia Air Asia X’s long-haul low-cost business, according to reports. The difference between Malaysia Airlines and AirAsia in terms of cost efficiency and productivity can be observed through a 2006 paper (around the time when AirAsia was still relatively young in the aviation scene) whereby researchers from Universiti Putra Malaysia (UPM) mentioned that AirAsia had the world’s lowest unit cost per average-seat-kilometres (CASKs) — a way to measure the cost-efficiency of airlines. Facebook. A merger with AirAsia is seen as a possible solution to save the ailing Malaysia Airlines. 0. Thus, hedging is an important mitigation strategy against potential high fuel prices. PHOTOS: REUTERS. AirAsia, Malaysia Airlines merger an option as COVID-19 hits industry. WhatsApp. AirAsia was awarded the “World’s Best Low-Cost Airline” for 11 consecutive years at Skytrax World Airline Awards 2019. Malaysia Airlines and AirAsia have figured in talks of a merger since the Covid-19 crisis began. Malaysia Airlines Is Adding A350 Flights To Tokyo & Auckland ... Malaysia Airlines' fate to be resolved by YE20 - minister ... Malaysia Airlines restarts international flights in July ... Our Story. Winners of International Finance Awards 2019 for the EMEA Region Felicitated in Dubai, Asia Pacific award winners felicitated at International Finance Awards Bangkok, Mr. Scott Munden – CEO of International Smart Card (ISC) at IFM Awards 2019, Mrs. Ayşe Figen Gardet – Deputy General Manager of Gulf Sigorta at IFM Awards 2019, Mr. Johnson Abraham – Chief Risk Officer from Phongsavanh Bank at IFM Awards 2019, Mr. Anthony Chin – CEO of Maruhan Japan Bank, Lao at IFM Awards 2019, Mr Yogesh Sangle from MoneyGram HongKong at International Finance Awards 2017, Ms Surjawaty Tatang, President Director, PT Bank Ganesha Tbk at IF Awards 2017, Mr. Gregg Downer from Sharjah Asset Management at the International Finance Awards 2017, Bank Audi – Mr. Mohammad Al Fayed – Deputy Chairman & Amp, Managing Director, Mr. Trevor Torzsas – CIBC FirstCaribbean, London Stock Exchange – IFM – 2018, Mr. Jamie Simmonds , CEO & MD, The Access Bank, UK at International Finance Awards 2018, Abdullah Al Langawy , DGM – Treasury, Ahli United Bank, Kuwait at International Finance Awards 2018, The newly merged entity will see less competition, particularly from the mid-haul segment. SE Asia News -KUALA LUMPUR • Merging money-losing state carrier Malaysia Airlines Berhad (MAB) with budget airline AirAsia Group Berhad is one of the options to "save" them as the Covid-19 crisis 0. admin April 18, 2020 8:16 AM 0. Relatedly, as reported by The Edge Markets, Mueller mentioned to German media that when he came into MAB, the airline was paying above market value to its suppliers, which was up to 25 per cent higher. In any case, market size remains an important consideration given that the merger of AirAsia and MAB would make it Malaysia’s largest airline and one of the biggest in the region, as pointed in aviation news and insights portal Simple Flying. — Picture by Firdaus Latif. Another source of cost inefficiency could be MAB’s bloated procurement process. Sat, Apr 18, 2020 - 5:50 AM "We need to see how best we can save those airlines, and it's not going to be a very simple answer," says Mr Azmin. Talk of a merger between AirAsia and MAS re-emerged in a news report on Friday. Malaysia Airlines Merger With AirAsia a Possibility. 01.10.2019 - 01:05 UTC Malaysian sovereign fund Khazanah Nasional is reportedly pushing for a merger between Malaysia Airlines (MH, Kuala Lumpur Int'l) and AirAsia X (D7, Kuala Lumpur Int'l) to turn the two loss-making carriers into a profitable singular entity, The Malaysian Reserve newspaper has written. A + A-Aviation is among the … February 13, 2021. As we’ve mentioned a few times this week, airlines are cash strapped and grasping for money — with government bailouts being a major avenue for U.S. airlines. For Malaysia’s major airlines, experts say a rescue plan is a must but merger is an unlikely option. Speculation had been rife even before the Covid-19 outbreak that the merger of Malaysia Airlines and AirAsia group could be an option that the government was mulling over. Related. Of course, these projections may have to be discounted to account for the uncertainty driven by the pandemic. The Asean super app for booking flights, hotels, activities, food, unlimited deals and so much more! Published 20 Apr 2020, 9:06 am. Kuala Lumpur. Merging money-losing state carrier Malaysia Airlines Bhd (MAB) with budget airline AirAsia Group Bhd is one of the options to "save" them as the COVID-19 crisis batters the industry, Malaysia's second-most senior minister told Reuters on Friday. Furthermore, according to the UPM research paper, AirAsia was reported to have hedged a 3-years-worth of all of its fuel needs which was in stark contrast to the 20 per cent hedging by Malaysia Airlines. Speculation had been rife even before the Covid-19 outbreak that the merger of Malaysia Airlines and AirAsia group could be an option that the government was mulling over. A + A-Aviation is among the … Twitter. AirAsia’s experience in managing airlines and its expertise in low-cost formulas are exemplary and may benefit a merger with MAB, which has been reported to be relatively less cost-efficient. Malaysia Airlines’ experience in providing high-class full … Taking cue on these severe cost issues, MAB and its owner Khazanah took serious steps to improve its cost-cutting measures during its turnaround plan beginning 2014. AirAsia, Malaysia Airlines merger an option as COVID-19 hits industry. He said a possible merger between Malaysia Airlines and AirAsia, a private low-cost airline based in Malaysia and operating in multiple countries, was considered even last … It was reported earlier this week that Khazanah Nasional Berhad, which owns Malaysian Airlines is pushing for a merger with AirAsia X. Published 20 Apr 2020, 9:06 am. But it must be noted that industry expert Shukor Yusof — founder of aviation consultancy firm Endau Analytics — have cautioned on using airlines that are no longer in production or have no ‘secondary value’. Relatedly, AirAsia went the distance in aircraft weight reduction strategies to reduce fuel consumption — reducing the amount of paper carried onboard such as flight plans, voyage reports, aircraft manuals and the documentation required by pilots. By TN Bureau.

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