Malaysia Air Speeds Boeing Exit from Fleet
07/09/2012| 10:35pm US/Eastern
Malaysian Airline System Bhd. (2786.KU) will speed up the exit of Boeing Co. (>> The Boeing Company) wide-body jets from its fleet and look into ordering the upgraded A330 model, Bloomberg News reported Tuesday on its website, citing the company's Chief Executive Officer Ahmad Jauhari Yahya.
Ahmad Jauhari said in an interview at the Farnborough air show that the airline's remaining nine Boeing 747 planes would likely be gone by the end of November rather than in March as planed earlier, and its 777-200s would be gone within three years, the report said.
"We'd love to have new models like the 787 or the A350, and maybe one day we will, but right now we need to simplify the fleet and operate four types of plane instead of maybe six or seven," the CEO said in the report.
Full story: http://www.bloomberg.com/news/2012-07-09/malaysian-air-speeds-boeing-exodus-as-ai bus-a330-revamp-appeals.html