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MAB to Lease 6 Ex-Air Berlin Airbus A330-200 Aircraft from February 2018

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Malaysia Airlines Targets More Used Widebody Aircraft

 

Malaysia Airlines Berhad (MAB) has increased the number of used widebody aircraft it is seeking to add to its fleet to meet medium-term capacity needs.
The carrier is in discussions with potential sellers and lessors regarding 6–7 aircraft it intends to introduce in 2018, and a similar number in 2019, CEO Peter Bellew told Aviation Daily. As recently as November, Bellew said MAB was looking to add a total of five aircraft.
Bellew said MAB has a wide range of offers on the table. With many airlines grounding aircraft, the used market “has opened up quite significantly” and prices have dropped further in recent months, he said.
MAB will probably “zero in” on a deal sometime during the current quarter, Bellew said. However, he emphasized the airline will only do such a transaction “if the price is right.” The carrier is likely to target A330s, as it currently operates this type in its widebody aircraft fleet.
Bellew said some of the incoming widebody aircraft could replace narrowbody aircraft on routes where capacity is not meeting demand. Because of that, the addition of widebody aircraft “might be counterbalanced by a reduction in the narrowbody [aircraft] fleet,” and the overall fleet size would not increase much over the next 2–3 years.
MAB is also engaged in talks with Boeing and Airbus regarding its longer-term widebody aircraft needs, Bellew said. The airline is considering an order for about 25 aircraft, and is most interested in the Boeing 787-9s or A330neos. However, he stressed that there is no urgency to make a deal, and the prices being offered are still not low enough to make sense for MAB.
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Malaysia Airlines Targets More Used Widebody Aircraft

 

Malaysia Airlines Berhad (MAB) has increased the number of used widebody aircraft it is seeking to add to its fleet to meet medium-term capacity needs.

 

The carrier is in discussions with potential sellers and lessors regarding 67 aircraft it intends to introduce in 2018, and a similar number in 2019, CEO Peter Bellew told Aviation Daily. As recently as November, Bellew said MAB was looking to add a total of five aircraft.

 

Bellew said MAB has a wide range of offers on the table. With many airlines grounding aircraft, the used market has opened up quite significantly and prices have dropped further in recent months, he said.

 

MAB will probably zero in on a deal sometime during the current quarter, Bellew said. However, he emphasized the airline will only do such a transaction if the price is right. The carrier is likely to target A330s, as it currently operates this type in its widebody aircraft fleet.

 

Bellew said some of the incoming widebody aircraft could replace narrowbody aircraft on routes where capacity is not meeting demand. Because of that, the addition of widebody aircraft might be counterbalanced by a reduction in the narrowbody [aircraft] fleet, and the overall fleet size would not increase much over the next 23 years.

 

MAB is also engaged in talks with Boeing and Airbus regarding its longer-term widebody aircraft needs, Bellew said. The airline is considering an order for about 25 aircraft, and is most interested in the Boeing 787-9s or A330neos. However, he stressed that there is no urgency to make a deal, and the prices being offered are still not low enough to make sense for MAB.

 

More:

http://aviationweek.com/commercial-aviation/malaysia-airlines-targets-more-used-widebody-aircraft

So they want to do a Delta & acquire 2nd hand models. Hopefully they also do what Delta does & reconfigure the old planes to their own specs for commonality purposes.

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So they want to do a Delta & acquire 2nd hand models. Hopefully they also do what Delta does & reconfigure the old planes to their own specs for commonality purposes.

The economics only work if you own the plane. If you lease it, there is little advantage - the lessor usually wins when they lease out old planes.

 

Judging by PB's body language, he is looking for a cheap cheap solution. He is hoping to pick up planes at firesale prices. Notice he does not mention PW engined planes anymore.... maybe there are a lot more GE and RR engined planes in the market and they are way cheaper.

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After spending the small fortune refurbishing MAB's 333s along with the songs and dances promoting the front end, imagine the PR disaster should these incoming 2nd hand birds be operated in rojak configurations. Heck, people already feel trolled with the few differently fitted 738s nowadays :)

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After spending the small fortune refurbishing MAB's 333s along with the songs and dances promoting the front end, imagine the PR disaster should these incoming 2nd hand birds be operated in rojak configurations. Heck, people already feel trolled with the few differently fitted 738s nowadays :)

In an interview with Bloomberg, PB said it will be reconfigured - they are looking at less than 10 year old aircraft coming on to the market.

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At least make the cabin consistent. That is all I ask for. No need for fancy SQ biz class

 

Yes those old 737 interiors need to go asap

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After spending the small fortune refurbishing MAB's 333s along with the songs and dances promoting the front end, imagine the PR disaster should these incoming 2nd hand birds be operated in rojak configurations. Heck, people already feel trolled with the few differently fitted 738s nowadays :)

 

If they can offer cheaper than OD or even AK fares why not? The market here is way too price sensitive.

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Peter Bellew is in London "to meet with an airline" to discuss potential leases.

 

Also says that some airlines in the Middle East and Turkey have been grounding planes and is good opportunity.

 

Is looking at a total of 12 A330s or 777s for the short term, while either A330neos or 787s for the long term.

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If it is 777s, it should be 77Ws. But they have no 777 capability now, so it will cost more to set these up.

 

A330s are more financially viable - the question is whether the price is right. Being Irish, he can be as tight as a Chinaman! ;) I think TK A330's with PW engines might be available - TK is having some problems filling their flights and have a huge A330 fleet.

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77W might be too big a plane though. Although I'd love to see them in MH colors, I'm unsure where they could fly them.

China?

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Get some interim a333s nothing more. Long term fleet they should plan for proper planes maybe the b787-9 or b777x if they plan to tap back to europe.

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Didn't MAB want to get rid of their 772? Are they regretting letting all of them go

 

I was hoping MAB was going to keep a few of the ER and outfit them with updated interiors similar to the 330 (thomson seats)

But then it probably was just going to cost MAB money keeping those planes?

Edited by David.W

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With the current fleet of A330, the best option is definitely more A330. He's most likely including the 77W into the mix for negotiation advantages?

Yes, he is including what is currently available in the market and B77Ws are coming off lease in big quantities as the original leases expire. Being a good businessman, he should look at all options and find the best one for MAB.

Get some interim a333s nothing more. Long term fleet they should plan for proper planes maybe the b787-9 or b777x if they plan to tap back to europe.

Yes, more A333s to solve the current aircraft shortage problems.

 

Longer term, the lowest cost is still the A330-900 as the transition cost is very low. They have the 6 A350-900 and these aircraft, as well as the A350-1000 may well be most suited for MAB's long term needs. But the big problem for them would be the cost. Just like B777X and B787s, buying the A350 will incur much larger CAPEX than buying the A330-900. So we will have to wait to see what kind of decision will finally be taken.

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Turkish Airlines is bringing back their recently stored 12 A332 into service as we speak. Few have left Antalya, where they were stored, to Istanbul Intl Airport. Singapore Airlines A333 are being picked up by TAP Air Portugal, but they still have 24/27 or so to be released upon more A350XWB delivery. Few released earlier was also stored after TransAsia Airways collapsed. PB should negotiate a good deal with lessors for SQ A333, MAB can built a substantial fleet since more than 30 are available and SQ keep their cabin well.

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Turkish Airlines is bringing back their recently stored 12 A332 into service as we speak. Few have left Antalya, where they were stored, to Istanbul Intl Airport. Singapore Airlines A333 are being picked up by TAP Air Portugal, but they still have 24/27 or so to be released upon more A350XWB delivery. Few released earlier was also stored after TransAsia Airways collapsed. PB should negotiate a good deal with lessors for SQ A333, MAB can built a substantial fleet since more than 30 are available and SQ keep their cabin well.

Bellew mentioned countless time at townhall that the a330 will be strictly PW.

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Never mentioned 77W though, just 777. Would be very weird if 772's though, no? Don't they still have some in storage?

Most have gone to VIM Airlines in Russia or turned into Coke cans. Last four are still around for Bayu Air, no news from them. No news is good news??

 

The problem is the later gen A333 like those SQ and TransAsia are pretty new and they can easily beat or match any B772ER in any operation matrix yet save more fuel. PB should go for interim A333 subfleet and order B787-9 for future. A339neo just doesn't go in the same line as A350, 77X and 787. Unless MAB can cut a very good deal with lessors who placed order for A338/A339.

Bellew mentioned countless time at townhall that the a330 will be strictly PW.

Nah, recently he soften his stance on PW engine only, and is open to any engine type as long as the "number" is right.. There aren't any young PW A333 going around, RR yes, plenty of them.

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