62-752: [REDACTED] Look up Malaysian in Wiktionary, the free dictionary. Malaysian may refer to: Something from or related to Malaysia , a country in Southeast Asia Malaysian Malay , a dialect of Malay language spoken mainly in Malaysia Malaysian people , people who are identified with the country of Malaysia regardless of their ethnicities. Most Malaysians are of Malay, Chinese and Indian descent. Malaysian diaspora , Malaysian emigrants and their descendants around
124-455: A corresponding 14% decrease in expenditures. The airline struggled to cut costs to compete with a wave of new, low-cost carriers in the region. The airline lost RM443.4 million (US$ 137.4 million) in the first quarter of 2014. The second quarter—the first in the aftermath of Flight 370's disappearance – had a loss of RM307.04 million (US$ 97.6 million), which represented a 75% increase over losses from second-quarter 2013. As
186-560: A dialect of Malay language spoken mainly in Malaysia Malaysian people , people who are identified with the country of Malaysia regardless of their ethnicities. Most Malaysians are of Malay, Chinese and Indian descent. Malaysian diaspora , Malaysian emigrants and their descendants around the world Malaysian cuisine , the food and food culture of Malaysia Malaysian culture , culture associated with Malaysia The call sign and colloquial name of Malaysia Airlines See also [ edit ] Malaysian names , names as used by
248-468: A focus on Asia, according to its newly appointed CEO, Christoph Mueller . He also announced that Malaysia Airlines would be putting of its Airbus A380s up for sale. Four months later, MAB announced that they would add four new Airbus A350-900 aircraft to their fleet from the end of 2017 to the middle of 2018. The aircraft were to be leased from Air Lease Corporation . The airline also expected to add two more A350-900 and two Airbus A330-900 aircraft in
310-697: A freighter division: MASkargo . Malaysia Airlines traces its history to Malayan Airways Limited, which was founded in Singapore in the 1930s and flew its first commercial flight in 1947. It was then renamed as Malaysian Airways after the formation of the independent country, Malaysia, in 1963. In 1966, after the separation of Singapore , the airline was renamed Malaysia–Singapore Airlines (MSA), before its assets were divided in 1972 to permanently form two separate and distinct national airlines—Malaysian Airline System (MAS, since renamed as Malaysia Airlines) and Singapore Airlines (SIA). Despite numerous awards from
372-471: A further two months. In April 2017, Malaysia Airlines announced that the airline's entire fleet would be tracked with the satellite flight-tracking system. In October 2017, an unexpected announcement was made involving Malaysia Airlines CEO Peter Bellew’s return to Ryanair as chief operations officer to help fix pilot problems. Bellew had worked as a flight operations director at Ryanair until 2014. Bellew's decision to leave Malaysia Airlines came just over
434-417: A new company (no name given in documents) by July 2015. In January 2015, the airline was declared "technically bankrupt". In May 2015, it was announced that the airline would be transferred to a newly founded Malaysia Airlines Berhad (MAB) by 1 September 2015, with the rebranding of the airline also commencing the same day. The new company commanded a heavily reduced workforce and adjusted route network with
496-482: A privilege for the rich and famous. By April 1960, the airline was operating Douglas DC-3s, Super Constellations and Viscounts on new routes from Singapore to Hong Kong , and from Kuala Lumpur to Bangkok via Penang. The airline also increased its frequencies from Singapore to cities on the British Borneo , including Brunei , Jesselton (now Kota Kinabalu ), Kuching , Labuan , Sandakan , and Sibu . With
558-458: A result of positive cash flow, Malaysia's sovereign wealth fund Khazanah Nasional Berhad decided it would hold on to its sole ownership of the airline until further notice. Credit lines predicted to alleviate the airline's burden were also underutilised in year 2021-2022. The sovereign fund planned to reduce its stakes on Malaysia Airlines and to allow the airline to seek strategic partnership with an international operator post 2025. In August 2023,
620-436: A result, MAS has not made a profit since 2010. In the previous three years, the airline had booked losses of RM1.17 billion ($ 356 million) in 2013, RM433 million in 2012, and RM2.5 billion in 2011. Industry analysts expect MAS to lose further market share and face a challenging environment to stand out from competitors while addressing their financial plight. The company's stock, down as much as 20% following
682-574: A year after former chief executive Christoph Mueller left the airline, citing personal circumstances after being hired on a three-year mission to revive the state-controlled firm. The appointment of Mueller's replacement, Captain Izham Ismail, who served as the airline's chief operating officer prior to the appointment, was announced a few days later. November 2017 saw the arrival of the Airbus A350 and Airbus A330-200 which were leased onto
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#1732765714264744-401: A year of leading the carrier's reorganisation efforts, citing "changing personal circumstances." Mueller initially planned to continue as CEO until September 2016 and stay on the airline's board as a nonexecutive director to oversee the transition to a new CEO. It was announced that Peter Bellew would become the new chief with effect from 1 July 2016, effectively shortening Mueller's tenure by
806-412: Is different from Wikidata All article disambiguation pages All disambiguation pages Language and nationality disambiguation pages Malaysian [REDACTED] Look up Malaysian in Wiktionary, the free dictionary. Malaysian may refer to: Something from or related to Malaysia , a country in Southeast Asia Malaysian Malay ,
868-470: Is the flag carrier of Malaysia , headquartered at Kuala Lumpur International Airport . The airline flies to destinations across Europe , Oceania and Asia from its main hub at Kuala Lumpur International Airport. It was formerly known as Malaysian Airline System ( Malay : Sistem Penerbangan Malaysia ). Malaysia Airlines is a part of Malaysia Aviation Group, which also owns two subsidiary airlines: Firefly and MASwings . Malaysia Airlines also owns
930-594: The IATA . By 1955, Malayan Airways' fleet had grown to include a large number of Douglas DC-3s , and finally went public in 1957. Other aircraft operated in the first two decades included the Douglas DC-4 Skymaster , Vickers Viscount , Lockheed L-1049 Super Constellation , Bristol Britannia , de Havilland Comet 4 , and Fokker F27 . Over the next few years, the airline expanded rapidly, boosted by postwar air travel demand when flying became more than
992-555: The Raja Udang , with only five passengers, departed Singapore's Kallang Airport and was bound for Kuala Lumpur's Sungai Besi Airport. Weekly scheduled flights quickly followed from Singapore to Kuala Lumpur, Ipoh, and Penang from 1 May 1947 with the same aircraft type. The airline continued to expand during the rest of the 1940s and 1950s, as other British Commonwealth airlines, such as BOAC and Qantas Empire Airways , provided technical assistance, as well as assistance in joining
1054-606: The BTP, Malaysia Airlines switched from losses to profitability between 2006 and 2007. When the BTP came to an end, the airline posted a record profit of RM853 million (US$ 265 million) in 2007, ending a series of losses since 2005. The result exceeded the target of RM300 million by 184%. Route rationalising was also the major contributors to the airline's return to profitability. MAS pared its domestic routes from 114 to 23, and also cancelled virtually all unprofitable international routes. It has handed off its turboprop fleet to airasia which
1116-470: The Malaysian people All pages with titles beginning with Malaysian All pages with titles containing Malaysian Malays (disambiguation) Malaya (disambiguation) Malay (disambiguation) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Malaysian . If an internal link led you here, you may wish to change
1178-632: The Middle East. The airline's plans are to run the Airbus A380 planes, which were then introduced into service in 2012, on long-haul routes along with the Boeing 777s , the A330s on medium-haul routes, and Boeing 737 aircraft on short-haul routes. MAS recorded a net loss of RM2.52 billion in 2011, which was the largest in its company history, due to rising fuel costs. A major restructuring led to
1240-484: The Singapore government determined to develop its airlines' international routes, it took the entire fleet of seven Boeing 707s and five Boeing 737s , which would allow it to continue serving its regional and long-haul international routes. Since most of MSA's international routes were flown out of Singapore, most of the international routes were in the hands of Singapore Airlines. In addition, MSA's headquarters, which
1302-431: The airline cut its losses from RM700 million in 1998/1999 to RM259 million. The airline plunged into further losses in the following years, however, amounting to RM417 million for the financial year 2000/2001 and RM836 million for the financial year 2001/2002. With these losses, the airline cut many unprofitable routes, such as Brussels , Darwin , Madrid , Munich , and Vancouver . The airline recovered from its losses
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#17327657142641364-580: The airline declared bankruptcy and was renationalised by the government under a new entity, which involved transferring all operations, including assets and liabilities as well as downsizing the airline. Operating air links between Singapore, Kuala Lumpur, and Penang, Wearne's Air Service, founded by Australian brothers Theodore and Charles Wearne, commenced as a thrice-weekly flight connecting Singapore and Penang. The first flight, using an eight-seater de Havilland DH.89A Dragon Rapide took place on 28 June 1937. This inaugural flight departed Singapore from
1426-649: The airline experienced issues with its primary inflight caterer BRAHIM in Kuala Lumpur International Airport. Contract disputes since the pandemic had brought both parties to non agreeable terms in regards to renewal. As a result, the airline halted a majority of its inflight hot meal services in September for flights originating from Kuala Lumpur. The airline has since reintegrated hot meal services from various caterers by stages and had restored most of them by November. In November 2023,
1488-609: The airline has stated that it expects to reach full net profit for the whole year of 2023 with full break even in its entirety. The airline cited improved yields, balanced sheets and a constant positive cash flow as a result of its restructuring efforts along with the return of global travel demand post pandemic. The airline has also began recommitting its narrowbody and widebody aircraft renewal program. In March 2024, Malaysia Aviation Group has confirmed that Malaysia Airlines and its subsidiaries has reached full net profit for year 2023. A profit after tax and interest (NIAT) of RM766 million
1550-598: The airline received its first Boeing 747-400 aircraft. MAS became the first airline in Southeast Asia to fly to South America using its Boeing 747 via stopovers in South Africa . MAS also flew to Mexico City for a brief period from 1994 to 1998, with fifth freedom rights to transport passengers from Los Angeles en route from Kuala Lumpur (with a stopover in Tokyo-Narita .) Further expansion in
1612-541: The airline's fleet of Airbus A380 aircraft. On 6 April 2020, the Malaysian private equity firm Golden Skies Ventures reportedly made an offer of US$ 2.5 billion to take over Malaysia Airlines during the COVID-19 pandemic . The pandemic also resulted in the airline grounding most of its Boeing 737 aircraft. In October 2020, during the COVID-19 pandemic, Malaysia Airlines needed about RM1 billion of capital annually if
1674-498: The airline's medium haul routes, which were then already served by the Airbus A330-300. In January 2016, the airline introduced a policy of not serving alcohol on flights of less than three hours. While the move was unpopular with many travellers, the airline stated that its actions were in response to the preference of the majority of customers. In April 2016, CEO Christoph Mueller resigned from his post after less than
1736-485: The airlines order of ATR-72-500 from the year 2008 onwards. Due to Idris Jala's appointment to the cabinet in August 2009, Tengku Azmil Zahruddin took over as the airline's new CEO. In December that year, MAS announced the purchase of 15 new Airbus A330 aircraft, with options for another 10. Expected to be delivered between 2011 and 2016, they are intended to operate on medium-haul routes to eastern Asia, Australia, and
1798-518: The appointment of a new CEO, Ahmad Jauhari Yahya, in September 2011. One of the first initiatives to stop the losses was a rationalisation of the network. The company suspended services to Surabaya , Karachi , Dubai , Dammam and Johannesburg . With the delivery of the Airbus A380-800, the airline has also begun to retire its remaining Boeing 747-400s in 2012. Also retired were the older generation Airbus A330s and Boeing 737-400s by
1860-530: The aviation industry in the 2000s and early 2010s, the airline struggled to cut costs to cope with the rise of low-cost carriers (LCCs) in the region since the early 2000s. In 2013, the airline initiated a turnaround plan after large losses beginning in 2011 and cut routes to unprofitable long-haul destinations, such as Los Angeles, Buenos Aires and South Africa. That same year, Malaysia Airlines also began an internal restructuring and intended to sell units such as engineering and pilot training. From 2014 to 2015,
1922-457: The brand effectively merged under its parent company by 1 April 1965. In 1966, following Singapore's separation from the federation, the airline's name was changed again, to Malaysia-Singapore Airlines (MSA). The next year had a rapid expansion in the airline's fleet and routes, including the purchase of MSA's first Boeing aircraft: the Boeing 707s , as well as completion of a new high-rise headquarters in Singapore. Boeing 737s were added to
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1984-446: The carrier's route network will be shrunk to focus on regional destinations rather than unprofitable long-haul routes. Khazanah had plans to delist the airline from Malaysia's stock exchange by the end of 2014 and to return it to profitability by late 2017, relisting the airline by 2018 or 2019. On the business/legal side, Khazanah intended to transfer the relevant operations, assets, and liabilities of Malaysian Airline System Berhad into
2046-468: The company's stock was temporarily suspended when Khazanah Nasional —the majority shareholder (69.37%) and a Malaysian state-run investment arm—requested that MAS' Board of Directors undertake a selective capital reduction exercise (e.g. buyback or cancel stock of other shareholders); Khazanah announced it will spend RM 1.38 billion (US$ 431 million; 27 sen per share) to compensate minority shareholders (a 12.5% premium of 7 August closing price). At
2108-496: The delivery of an 84-seat Bristol Britannia in 1960, the airline launched its first long-haul international flight, to Hong Kong. When Malaya , Singapore, Sabah , and Sarawak formed Malaysia in September 1963, the airline's name was officially from "Malayan Airways" to "Malaysian Airways" concurrent with the arrival of five Fokker F27 in November 1963 (though still abbreviated to MAL). MAL also incorporated Borneo Airways , with
2170-409: The disappearance of Flight 370, had fallen 80% over the previous five years, which contrasts with a rise in the Malaysian stock market of about 80% over the same period. A month after the disappearance, CEO Ahmad Jauhari Yahya acknowledged that ticket sales had declined, but did not provide details. This may have partially resulted from the suspension of the airline's advertising campaigns following
2232-481: The disappearance. In China, where the majority of Flight 370 victims were from, bookings on Malaysia Airlines were down 60% in March. He said he was not sure when the airline could start repairing its image, but that the airline was adequately insured to cover the financial loss stemming from the incident. In August, the airline warned of poor second-half earnings, citing a 33% decline in average weekly bookings following
2294-473: The disrupted supply chain system in Asia. The Airline also undertook multiple foreign repatriation missions, transporting stranded citizens back to their home countries along with flying medical equipment and vaccines. In the same year, the airline reported a net profit of RM1.15 billion in the fourth quarter of 2022 with its total net loss reduced to RM344 million from RM1.65 billion a year ago. In 2023, as
2356-467: The end of 2014. In February 2013, MAS reported a net profit of RM51.4 million for the fourth quarter. The airline's improved financial performance that year was mainly attributable to its route rationalisation programme, which had an overall 8% reduction in ASK. This was matched by a marginal 1% reduction in revenue to RM13.76bil in 2012 and seat factor holding at 74.5%. The reduced ASK also helped MAS register
2418-653: The financial period was up by 10.3% or RM826.9 million, compared to the same period for 2004, driven by a 10.2% growth in passenger traffic. International passenger revenue increased by RM457.6 million or 8.4%, to RM5.9 billion, while cargo revenue decreased by RM64.1 million or 4.2%, to RM1.5 billion. Costs increased by 28.8% or RM2.3 billion, amounting to a total of RM 10.3 billion, primarily due to escalating fuel prices. Other cost increases included staff costs, handling and landing fees , aircraft maintenance and overhaul charges, widespread assets unbundling charges, and leases. The Malaysian government then appointed Idris Jala as
2480-479: The first Boeing 777-200ER aircraft, brand new at the time. This aircraft then became MAS' primary long-haul and medium-haul routes. Prior to the Asian financial crisis in 1997, the airline suffered losses of as much as RM260 million after earning a record-breaking RM333 million profit in the financial year 1996/1997. The airline then introduced measures to bring it back to profitable. For the financial year 1999/2000,
2542-502: The fleet soon afterwards. The differing needs of the two shareholders, however, led to the break-up of the airline just six years later. The Singapore government preferred to develop the airline's international routes, while the Malaysian government had no choice but to develop the domestic network first before going regional and eventually international. MSA ceased operations in 1972, with its assets split between two new airlines; Malaysian Airline System (MAS), and Singapore Airlines . With
Malaysian - Misplaced Pages Continue
2604-711: The fleet were executed by the airline in the 1990s with the short term leasing of the MD-11 fleet. The airline has also begun replacing its Boeing 737-200 and Fokker 27 fleet with the addition of the Boeing 737-400, Boeing 737-500 and Fokker 50. In 1995 the airline received its Airbus A330-300 which effectively replaced the Airbus A300B4 and DC-10-30. A small number of its MD-11, DC-10s and Boeing 747-200 were converted and transferred to its air cargo division Maskargo. The late 1990s saw MAS' final widebody fleet modernization with
2666-655: The fleet. 1980 sees the entry of the Airbus A300B4 fleet which were occasionally deployed to Asian and domestic routes and the addition of additional DC-10s onto the fleet. In 1982 the airline received its first Boeing 747-200 which was used as the carriers long haul flagship. An economic boom in Malaysia during the 1980s spurred the growth of MAS. By the end of the decade, MAS was flying to 47 overseas destinations, including eight European destinations, seven Oceanian destinations, and American destinations of Los Angeles and Honolulu . In 1993, MAS reached South America when
2728-545: The fleet. The brand new Airbus A350s were essentially used to replace the Airbus A380 on the airline’s small long haul route network while the second hand Airbus A330-200 were deployed as interim aircraft for certain medium to long haul routes. With this the A380s were instead deployed to Narita and Seoul. In 2019 the airline launched Project Amal (Hope) which was a special hajj umrah charter for Muslim pilgrims utilising
2790-411: The following year, achieving its then-highest profit, totalling RM461 million. In the same year, MAS proceeded with its order of 6 Airbus A380 aircraft to envision a solution for the slot constraints the airline faced with few European routes and to maximise its presence on the kangaroo route . In 2005, MAS suffered yet another period of unprofitability, reporting a loss of RM1.3 billion. Revenue for
2852-430: The future. MAB then announced that it was set to undergo a brand overhaul involving a new name, logo and livery for its aircraft, with the changes to be unveiled on an unspecified date. The airline has also started the retirement of the Boeing 777-200 fleet, with the last aircraft leaving in the year 2016. The route renationalisation and trimming of many long haul routes had made the aircraft inefficient to be deployed on
2914-494: The government intended to sustain its operations under the current structure. The airline also decided to retire and return all 6 of its grounded Airbus A380 aircraft to Airbus in 2023 as the viability to operate the double decker fleet became difficult as grounding persisted. In 2022, the airline improved its financial margin through restructuring. It switched a majority of its passenger aircraft in year of Q2 2020 to Q1 2022 into cargo flights, leveraging on its ability to support
2976-578: The incorporation of "Malayan Airways Limited" (MAL) in Singapore on 12 October 1937, but the first paying passengers could be welcomed on board only in 1947, some 10 years later. After the war, MAL was restructured to include just the partnership of Straits Steamship and Ocean Steamship. The airline's first flight was a charter flight from the British Straits Settlement of Singapore to Kuala Lumpur, on 2 April 1947, using an Airspeed Consul twin-engined aircraft. This inaugural flight on
3038-471: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Malaysian&oldid=1102492883 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Language and nationality disambiguation pages Malaysia Airlines Malaysia Airlines ( Malay : Penerbangan Malaysia )
3100-405: The loss of Flight 17 . Media reported that some flights were largely empty and that the airline had slashed prices well below competitors on several key routes. Even before the shootdown of Flight 17, many analysts and the media suggested that Malaysia Airlines would need to rebrand and repair its image and/or require government assistance to return to profitability. On 8 August, trading in
3162-564: The new CEO of MAS on 1 December 2005, to execute changes in operations and corporate culture. Several weaknesses in airline operations were identified as the causes of the RM1.3 billion loss. The most substantial factor in the losses was fuel costs. For the period, the total fuel cost was RM3.5 billion, representing a 40.4% increase compared to the same period in 2004. Total fuel cost increases comprised RM977.8 million due to higher fuel prices and another RM157.6 million due to additional consumption. In
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#17327657142643224-592: The order of 55 Boeing 737-800 which were meant to effectively replaced the airlines ageing Boeing 737-400. In 2007 the airline took back east Malaysia's rural air service (RAS) operation and former turboprop aircraft which were then crippled by Airasia's subsidiary Fly Asian Express due to its inexperience. Malaysia airlines instead launched its own subsidiary MASwings to handle the rural air service and Firefly to start commercial operations in Subang airport. Malaysia Airlines former Fokker 50's were gradually replaced by
3286-552: The ratio is 5.0, and slightly higher than Thai Airways Other factors were listed in the later-revealed business turnaround plan (BTP) of Malaysia Airlines, all leading to the net loss of RM1.3 billion in 2005. Under the leadership of Idris Jala, MAS launched its BTP (Business Turnaround Plan) in 2006, developed using the Government-linked Company Transformation Manual as a guide. Under the various initiatives, launched together with
3348-478: The remaining fleet of Fokker F27 's. It began flights on 1 October 1972 with 19 aircraft and soon expanded, including introducing flights from Kuala Lumpur to London. In that year, MAS operated flights to more than 34 regional destinations and six international services. In 1976, after receiving its DC-10-30 aircraft, MAS scheduled flights to Europe, with initial flights from Kuala Lumpur to Amsterdam , Paris , and Frankfurt . The Boeing 707s were then removed from
3410-415: The same term [REDACTED] This disambiguation page lists articles associated with the title Malaysian . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Malaysian&oldid=1102492883 " Category : Disambiguation pages Hidden categories: Short description
3472-655: The then brand-new Kallang Airport , which had just opened 18 days earlier. Later, a second DH.89A enabled the expansion to daily services and the addition of Ipoh as a destination. During World War II , WAS services ceased after the Japanese occupation of Malaya and Singapore in 1941. An initiative by the Alfred Holt's Liverpool-based Ocean Steamship Company , in partnership with the Straits Steamship Company and Imperial Airways , resulted in
3534-423: The third quarter, fuel costs were RM1.26 billion, compared to the RM1.01 billion in the corresponding period in 2004, resulting in a 24.6% increase or RM249.3 million. Another factor for the losses was poor revenue management. MAS substantially lagged its peers on yield. Some of this gap was due to differences in traffic mix, with less business traffic to and from Malaysia than to and from Singapore, but much of it
3596-478: The time, Khazanah Nasional did not announce much about its plans for the airline except that the airline had "substantial funding requirements" and that a "comprehensive review and restructuring" was needed. On 29 August, Khazanah released a report, "Rebuilding a National Icon: The MAS Recovery Plan", which outlines their plan for the restructuring of MAS and the process of completing the takeover. About 6,000 jobs (about 30% of MAS's workforce) will be eliminated and
3658-500: The world Malaysian cuisine , the food and food culture of Malaysia Malaysian culture , culture associated with Malaysia The call sign and colloquial name of Malaysia Airlines See also [ edit ] Malaysian names , names as used by the Malaysian people All pages with titles beginning with Malaysian All pages with titles containing Malaysian Malays (disambiguation) Malaya (disambiguation) Malay (disambiguation) Topics referred to by
3720-473: Was due to weaknesses in pricing and revenue management, sales and distribution, brand presence in foreign markets, and alliance base. Moreover, MAS had one of the lowest labour costs per available seat kilometre (ASK) at US$ 0.41, compared to other airlines such as Cathay Pacific and Singapore Airlines at $ 0.59 and S$ 0.60, respectively. Despite low labour costs, however, the ratio of ASK revenue to this cost was, at 2.8, much lower than Singapore Airlines, where
3782-689: Was located in Singapore, became the headquarters of that airline. The initials MSA were well regarded as an airline icon, so both carriers tried to use them. Malaysian went for MAS by just transposing the last two letters and choosing the name Malaysian Airline System, while Singapore originally proposed the name Mercury Singapore Airlines to keep the MSA initials, but changed its mind and went for SIA instead. Acronyms for airline names later became less fashionable, and both carriers then moved on to their descriptive names. MAS took all domestic routes within Malaysia and international routes out of that country, as well as
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#17327657142643844-660: Was then tasked to handle the rural air service. It also rescheduled all of its flight timings and changed its operations model from point-to-point services to hub-and-spoke services. Additionally, the airline started Project Omega and Project Alpha to improve the company's network and revenue management. Emphasis has been placed on six areas - pricing, revenue management, network scheduling, opening storefronts, low-season strategy, and distribution management. MAS then pushed for new aircraft purchases, using its cash surplus of RM5.3 billion to eventually purchase new narrow- and wide-body aircraft . The first of such aircraft purchases were
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