Get the app today! Download iPhone App Download Android App

SUBSCRIBE

Malaysia Airlines Parent Company Malaysia Aviation Group Launches Tender For Sale Of Six Airbus A380-800 Aircraft Or Their Components

Published on Jul 19 2021 11:03 AM in General Industry tagged: Malaysia Airlines / Thai Airways / Malaysia Aviation Group / MAG

Malaysia Airlines Parent Company Malaysia Aviation Group Launches Tender For Sale Of Six Airbus A380-800 Aircraft Or Their Components

Malaysia Airlines parent company Malaysia Aviation Group (MAG) has launched a tender for the sale of six Airbus A380-800 aircraft or their components, the company has said in a post on LinkedIn.

MAG, which underwent a restructuring earlier this year, invited interested buyers to send in proposals by noon of August 12.

Group CEO Statement

Group CEO Captain Izham Ismail said in May that MAG was looking to dispose of its A380 fleet, following completion of its debt restructuring.

He said at the time that the group was convinced that the fleet did not fit its future plans, as it "restrategised to position its business as a global travel group".

Thai Airways

Thai Airways, which is undergoing a court approved restructuring, has also been looking to sell the same aircraft in its fleet.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.

Share on Facebook Share on Twitter Share on LinkedIn Share via Email