Lunch with Orient Aviation
February 1st 2017
Malaysia Airlines Berhad CEO and group managing director, Peter Bellew, told the 130 guests at the third Lunch with Orient Aviation in Hong Kong that the airline’s path to profit was on track and that it planned to launch an initial public offering in early 2019. Read More » In 2016, Bellew said, the airline often flew its A380s from Kuala Lumpur to London with only 50-60 passengers onboard. But in the September-December quarter, London loads improved to 82% and hit 90% in December. “We made a profit last month (December) and we expect the last quarter of this year to break even or make a profit. Currently, I am projecting to make a profit across next year,” he said.
Photos: Graham Uden
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