(Corrects variety of A330-200s to 6, not 9, in third paragraph)
By Jamie Freed
DOHA (Reuters) -Malaysia Airways plans to announce a call on changing its fleet of 21 Airbus A330 widebodies with extra fuel-efficient new-generation planes round mid- to late July, its chief government stated on Sunday.
“We’re in a late stage of the method. We’re taking a look at one-to-one substitute on our A330 fleet,” Malaysia Airways chief government Izham Ismail instructed Reuters on the sidelines of airline business physique IATA’s annual assembly in Qatar.
He declined to say whether or not the airline would order the planes, meant to switch 15 A330-300s and 6 A330-200s, from a producer instantly or from lessors.
The Airbus A330neo, A350 and Boeing (NYSE:) 787 are the new-technology choices competing in that measurement vary, however Izham declined to reveal which sorts have been into account.
Malaysia Airways has A350s in its fleet and had positioned a provisional order for 787s in 2017 however let the deal lapse.
The fleet modernisation plan designed to assist decrease carbon emissions comes because the airline, which was loss-making for years even earlier than the pandemic, has been reporting constructive cashflow since October.
Izham stated Malaysia Airways, which lower its debt burden by greater than half as a part of a restructuring agreed with collectors final yr, hoped to return to a revenue in 2023.