Malaysia Airlines (MAS) has managed to improve bookings despite a tough first quarter this year. It continues to see strong bookings with a 45% improvement in forward bookings for the next six months (from June to November 2017) compared to the same period in 2016.
The network expansion is on track, with the second flight to Shanghai and Hong Kong (from the Boeing B737 to Airbus A330) showing immediate results. The airline is seeking more wide-body aircraft on short- to medium-term leases to facilitate growth.
MAS group chief executive officer Peter Bellew said that MAS will continue to offer great value all-inclusive business and economy fares while other carriers around the world continue to add extra charges and unbundle their fares.
The rapid recovery in international business continued in the quarter with a load factor of 81.1% in 2017 versus 69.6% in 2016. Domestic business load factor also improved by 9.5% in the quarter.
In terms of fleet, the airline is currently operating with 54 Boeing 737-800s, 15 Airbus A330-300s and six Airbus A380s.