Malaysia Airlines Bhd (MAS) is putting in place the building blocks it needs for its recovery and future growth and yesterday placed a huge 50-jet order worth US$5.5bil (RM22bil) from Boeing of the United States, a deal that comes two weeks after AirAsia group’s dramatic RM61bil 100 aircraft/engine orders.
Between both the local airlines, they are committed to RM83bil in aircraft/engine orders in just a month, and all this to capture and ride on the air traffic boom in Asia, especially in the North Asian markets, India, Pakistan and Australia.
MAS is also seeing a huge recovery in air passenger traffic from China, a market in which it had lost hope just two years ago after the MH370 aircraft went missing.
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Between both the local airlines, they are committed to RM83bil in aircraft/engine orders in just a month, and all this to capture and ride on the air traffic boom in Asia, especially in the North Asian markets, India, Pakistan and Australia.
MAS is also seeing a huge recovery in air passenger traffic from China, a market in which it had lost hope just two years ago after the MH370 aircraft went missing.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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