Malaysia Airlines and IndiGo, an airline from India, have inked a memorandum of understanding (MoU) for a codeshare partnership and mutual cooperation agreement.
There are pockets of positive development in the aviation industry amid the MYAirline Sdn Bhd fiasco, which has been hogging the limelight with its abrupt end of operations.
Malaysia Airlines is considering ordering 45 new aircraft – 35 narrow bodies and 10 twin-aisle jets – to support its long-term growth plans, says group managing director Izham Ismail say.
Malaysia Airlines used to be one of the top 10 airlines in the world. This, however, changed drastically over the past decade amid poor management and continued net losses despite billions of ringgit in government bailout.