Malaysia Aviation Group , the parent company of Malaysia Airlines has confirmed that it is getting rid of its Airbus A380 fleet. This is a move that was expected due to the high cost of operations and was accelerated due to the current pandemic situation.
MAG has issued a tender notice on 12th July for interested parties to buy the A380 aircraft and/or its components. The decision was made after completing its restructuring exercise in March 2021. The airline group said it will follow the due process in evaluating submissions by prospective bidders and they expect to complete the exercise in Q4 of 2021.
berceloteh Another huge loss
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