Malaysia Airlines probably ranks at the very top of the list of airlines I feel bad for. They were mismanaged for years, and then faced two incredibly unfortunate tragedies when they had two 777s crash just months apart. While they were already losing hundreds of millions of dollars before their two crashes, that only sent…
Continue reading: Malaysia Airlines Turned Their First Monthly Profit In Years
Share your questions, experiences, and thoughts below.
"If you grow as a loss making airline, you just increase the losses."
This is the single most important rule in all of aviation management. It should be seared backwards into the forehead of every airline CEO so they see it each time they look in the mirror.
February tends to be heavy travel in Asia due to Chinese/Lunar New Year. I'm not surprised they turned a profit but it may be tougher for the rest of the year and I hope they break even by 2018.
The whole manner in which they handled Flight 370 was horrible. I can't imagine the rage and pain felt by the survivors of the missing in the wake of how incompetent and insensitive both ML and the Malaysian Government were in their respective roles. No amount of remorse (which is yet to happen) on the part of ML could ever convince me to board one of their flights. Thankfully there is competition.
Turnaround is a win win. You are a genius if successful and the previous management was way too incompetent if you are not.
It's hard work and lots of rewards though. So low risk, high reward and hard work.
I'm not sure even Christoph Mueller could fix Air India!
The Malaysian government is probably giving him more or less free rein to fix the problem at MH since they sunk so much money into nationalizing it. I can't see India doing the same with AI. The aviation authorities are also a bigger problem in India than in Malaysia.
Wish someone (not this guy) could improve the quality and customer experience of the pile of junk known as AA, UA and DL... easily my three most hated and avoided airlines in the world... (not having flown Air Koryo)
MH looks like it was so similarly run to SAA which is dismal compared to what it used to be. Christoph would have such an uphill battle but I wish his next project was SAA.
Excellent--maybe they won't lose a plane this month. What a joke--who would fly this airline.
I have flown MA a few times and been impressed with their product, both hard and soft. Last travel was less than a year ago on an A380. Let's remember that one of their planes was shot down by Ukranian rebels with Russian weapons and military support, in airspace that most airlines considered 'safe' at the time. The other flight disappeared, and despite various theories, we still don't know what happened exactly or why. Frankly, this could happen to any airline, however well or otherwise they were managed. Their handling of the PR over the incident on the other hand was a long way from industry practice. I congratulate all who have worked to turn the airline around - especially crew members who continue to fly having lost colleagues in these tragedies.
The Qantas-like deal they have made with Emirates buys them some time to do a full restructure. Hope it works for them, it's not a bad airline. The greater challenge would be to try to turn Thai around, although they posted a modest profit as well.
As expected this is nothing but a gimmick by politicians. Is this operational profit or net profit? MH is reduced to a 55 mostly narrow body fleet domestic/regional carrier. Khazana took RM 2.4 Billion charge just for layoffs and set aside USD 1.5 Billion for restructuring. After layoffs it still has 14,000 employees for 55 planes and still holds USD 1.7 Billion debt. Gimmick is Khazana takes a charge while MH shines.
Looks like you are very sure MH370 CRASHED, may I know where did you get that info from?. We Malaysians only know that MH17 was shot down and the debris were found. As for MH370 not a clue. Please take extra precautions when covering a story, do not play spin doctor.