Malaysia Airlines offloads A380 superjumbo fleet

[Hatu]

(CNN)It seems big is no longer best for disaster-hit Malaysia Airlines -- it's said to be offloading its entire fleet of A380 superjumbos.

Malaysia has struggled financially in the wake of twin tragedies in 2014, including the disappearance of flight MH370 and the shooting down of MH17 over Ukraine.

Aviation website Leeham News, citing the airline, says Malaysia is offering all six of its A380s for sale or lease.

http://www.cnn.com/2015/05/01/travel/malaysia-airlines-sales/index.html

 

[FrugalFlyerv2.0]

Malaysia Airlines is "technically bankrupt", its chief executive has said, as he announced a restructuring programme and plans to cut about 6,000 jobs.
http://www.bbc.com/news/business-32955818

 

[FrugalFlyerv2.0]

Malaysia Airlines plans to announce details on the rebranding on 1 September. Mr Mueller would not be drawn on whether this would mean a change to its name, but said all options were open.
 
He also would not say whether the airline would withdraw from some costly long-haul flights, but said its new schedule would be announced "in a couple of weeks time".
 
Mr Mueller was hired by the carrier's owner, Malaysian state fund Khazanah, to lead the airline's restructuring.
He has previously had senior roles at Ireland's Aer Lingus, Belgium's Sabena and Germany's Lufthansa airlines. Famed for slashing jobs at the airlines, he has earned the nickname "the Terminator".
http://www.bbc.com/news/business-33073436