The state-run company is looking at a range of short-haul and long-haul models from both Airbus Group NV (AIR) and Boeing Co. (BA), said the person, who asked not to be identified because the information is private. A decision on the purchase may be taken by the end of first half of this year, the person said.
Malaysian Air seeks to start taking deliveries of the new planes from late 2016 or early 2017, the person said yesterday, as it works to upgrade its fleet over the next decade. The carrier needs new fuel-efficient jets to cut costs amid rising competition from discount airlines such as AirAsia (AIRA) Bhd., which have ordered hundreds of planes to tap Asia's rising travel.
"Malaysian Air is playing catch-up with other airlines," Mohshin Aziz, an analyst at Kuala Lumpur-based Maybank Investment Bank Bhd., said in a telephone interview. "It's the right thing to do given the competition in the industry."
Ingen kommentarer:
Legg inn en kommentar
Merk: Bare medlemmer av denne bloggen kan legge inn en kommentar.