IATA: (International Air Transport Association): Global air freight demand grows 14% in March

Posted on : 03-05-2017 | By : sabah today | In : National Business

Geneva – The International Air Transport Association (IATA) released March 2017 demand growth results for global air freight markets showing a 14% expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. This was the fastest pace of growth recorded since October 2010. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew by 4.2% year-on-year in March 2017.
March performance contributed to very strong first quarter (Q1) growth in freight volumes. After adjusting for the impact of the leap year in 2016, freight demand in Q1 2017 increased by nearly 11%. Capacity increased by 3.7% over the same period (leap year adjusted).
The strengthening of air freight demand in March is consistent with an uptick in world trade and a six-year high in new export orders. An increase in the shipment of silicon materials typically used in high-value consumer electronics shipped by air, is also likely underpinning a portion of the strong performance.
“March capped a robust first quarter with the strongest year-on-year air freight growth in six-and-a-half years. Optimism is returning to the industry as the business stabilizes after many years in the doldrums. There is, however, still much lost ground to recover while facing the dual headwinds of rising fuel and labor costs. It remains critical to use the improvement in the industry’s fortunes as an opportunity to enhance the value offering by implementing modern customer-centric initiatives that streamline processes and reduce costs,” said Alexandre de Juniac, IATA’s Director General and CEO.
Regional Performance
All regions, with the exception of Latin America, reported year-on-year increases in demand in March 2017. Airlines in Europe and Asia-Pacific posted the strongest growth accounting for two-thirds of the industry-wide increase in demand. The remaining growth was split between North American and Middle Eastern carriers, with African airlines making a modest contribution.
Asia-Pacific airlines’ freight volumes expanded 13.6% in March 2017 compared to the same period a year earlier and capacity increased by 4.8%. The increase in volumes reflects the strength of the order books reported by exporters across the region. Seasonally-adjusted volumes increased in March and are now back to levels reached in 2010 during the post-global financial crisis bounce-back. Demand has strengthened considerably on all key routes to and from Asia over the last six months with the exception of Pacific routes (Asia to North America).
North American carriers posted an increase in freight volumes of 9.5% in March 2017, and a capacity increase of 2.8%. International freight volumes increased 14.2% over the same period – the fastest pace since the boost to air freight from the consequences of congestion at US West Coast seaports in 2015. Seasonally-adjusted volumes have slowed to a near standstill alongside a weakening in demand in Pacific routes. The further strengthening of the US dollar continues to boost the inbound freight market but is keeping the export market under pressure.
European airlines posted an 18.2% increase in freight volumes in March 2017 and a capacity increase of 6.7%. International freight volumes grew by 18.1% year-on-year, the fastest pace in six years. Seasonally-adjusted freight volumes continue to trend upwards. The ongoing weakness of the Euro persists in boosting the performance of the European freight market which has benefitted from strong export orders over the last few months.
Middle Eastern carriers’ year-on-year freight volumes increased 16.3% in March 2017 and capacity increased 2.7%. International freight volumes increased 16.4% year-on-year in March – the fastest pace since June 2015. Seasonally-adjusted freight volumes maintained their upward trend. The year-on-year growth rate has recovered after having moderated in late-2015 and is now back in line with the long-run average. Demand remains strong between the Middle East and Europe but traffic to Asia has weakened.
Latin American airlines experienced a contraction in demand of 4.2% in March 2017 compared to the same period in 2016. Capacity decreased by 1.9% over the same period. Freight volumes have now been in contractionary territory in 26 out of the last 28 months. Recovery in seasonally-adjusted volumes also stalled with demand in March reaching its lowest level since October 2010. Demand is now 18% lower than at the peak in 2014. The region’s carriers have managed to adjust capacity, which has limited the negative impact on the load factor.
African carriers’ posted the largest year-on-year increase in demand of all regions in March 2017 with freight volumes growing 33.5%. Capacity increased by 6.3% over the same time. Demand has been boosted by very strong growth on the trade lanes to and from Asia following an increase in direct services between the continents. The increase in demand has helped the region’s load factor rise by 6 percentage points compared to March 2016.
SOURCE: IATA
Geneva – The International Air Transport Association (IATA) released March 2017 demand growth results for global air freight markets showing a 14% expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. This was the fastest pace of growth recorded since October 2010. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew by 4.2% year-on-year in March 2017.
March performance contributed to very strong first quarter (Q1) growth in freight volumes. After adjusting for the impact of the leap year in 2016, freight demand in Q1 2017 increased by nearly 11%. Capacity increased by 3.7% over the same period (leap year adjusted).
The strengthening of air freight demand in March is consistent with an uptick in world trade and a six-year high in new export orders. An increase in the shipment of silicon materials typically used in high-value consumer electronics shipped by air, is also likely underpinning a portion of the strong performance.
“March capped a robust first quarter with the strongest year-on-year air freight growth in six-and-a-half years. Optimism is returning to the industry as the business stabilizes after many years in the doldrums. There is, however, still much lost ground to recover while facing the dual headwinds of rising fuel and labor costs. It remains critical to use the improvement in the industry’s fortunes as an opportunity to enhance the value offering by implementing modern customer-centric initiatives that streamline processes and reduce costs,” said Alexandre de Juniac, IATA’s Director General and CEO.
Regional Performance
All regions, with the exception of Latin America, reported year-on-year increases in demand in March 2017. Airlines in Europe and Asia-Pacific posted the strongest growth accounting for two-thirds of the industry-wide increase in demand. The remaining growth was split between North American and Middle Eastern carriers, with African airlines making a modest contribution.
Asia-Pacific airlines’ freight volumes expanded 13.6% in March 2017 compared to the same period a year earlier and capacity increased by 4.8%. The increase in volumes reflects the strength of the order books reported by exporters across the region. Seasonally-adjusted volumes increased in March and are now back to levels reached in 2010 during the post-global financial crisis bounce-back. Demand has strengthened considerably on all key routes to and from Asia over the last six months with the exception of Pacific routes (Asia to North America).
North American carriers posted an increase in freight volumes of 9.5% in March 2017, and a capacity increase of 2.8%. International freight volumes increased 14.2% over the same period – the fastest pace since the boost to air freight from the consequences of congestion at US West Coast seaports in 2015. Seasonally-adjusted volumes have slowed to a near standstill alongside a weakening in demand in Pacific routes. The further strengthening of the US dollar continues to boost the inbound freight market but is keeping the export market under pressure.
European airlines posted an 18.2% increase in freight volumes in March 2017 and a capacity increase of 6.7%. International freight volumes grew by 18.1% year-on-year, the fastest pace in six years. Seasonally-adjusted freight volumes continue to trend upwards. The ongoing weakness of the Euro persists in boosting the performance of the European freight market which has benefitted from strong export orders over the last few months.
Middle Eastern carriers’ year-on-year freight volumes increased 16.3% in March 2017 and capacity increased 2.7%. International freight volumes increased 16.4% year-on-year in March – the fastest pace since June 2015. Seasonally-adjusted freight volumes maintained their upward trend. The year-on-year growth rate has recovered after having moderated in late-2015 and is now back in line with the long-run average. Demand remains strong between the Middle East and Europe but traffic to Asia has weakened.
Latin American airlines experienced a contraction in demand of 4.2% in March 2017 compared to the same period in 2016. Capacity decreased by 1.9% over the same period. Freight volumes have now been in contractionary territory in 26 out of the last 28 months. Recovery in seasonally-adjusted volumes also stalled with demand in March reaching its lowest level since October 2010. Demand is now 18% lower than at the peak in 2014. The region’s carriers have managed to adjust capacity, which has limited the negative impact on the load factor.
African carriers’ posted the largest year-on-year increase in demand of all regions in March 2017 with freight volumes growing 33.5%. Capacity increased by 6.3% over the same time. Demand has been boosted by very strong growth on the trade lanes to and from Asia following an increase in direct services between the continents. The increase in demand has helped the region’s load factor rise by 6 percentage points compared to March 2016.
SOURCE: IATA

Malaysia-Kazakhstan to form special committee to boost trade

Posted on : 03-05-2017 | By : sabah today | In : National Business

KUALA LUMPUR– A special committee will likely be formed between Malaysia and Kazakhstan, to promote closer economic cooperation between both countries, says the Malaysia External Trade Development Corporation (Matrade).
Senior Director Market Access & International Partnership Division Abu Bakar Koyakutty said the joint trade committee, expected to be formed during a two-day visit by a Kazakhstan delegation from today, would focus on several business sectors, namely Islamic finance, halal development and the public-private partnership cooperation.
“We want to further increase bilateral trade between Malaysia and Kazakhstan, and have Malaysian businesses also use the country as a platform to penetrate other markets within Central Asia,” he told reporters at a business forum here today.
Themed, “New Business Opportunities in Kazakhstan”, the forum was attended by local companies and various Kazakhstan ministries, led by Ruslan Dalenov, the first Vice-Minister of National Economy.
Abu Bakar said currently there are a number of Malaysian companies that have set up businesses in Kazakhstan, namely in the areas of oil and gas, building materials and construction.
“With the establishment of the committee, Malaysia can assist Kazakhstan in providing expertise, especially in the development of Islamic finance, once the Astana International Financial Centre (AIFC) is established,” he added.
The AIFC is slated to be operational in January 2018 and will be the regional financial hub, thus becoming a major centre of capital investment, asset management, Islamic and green finance, as well as fintech and private banking.
Kazakhstan’s Finance Vice Minister Ruslan Dalenov said Islamic finance is not widely used in the country’s financial system.
“But, with the launch of the AIFC, the government sees the need to adapt and apply the shariah-compliant system.
“We will be using the system for instance, in the issuance of sukuk. Currently, two Malaysian banks are guiding Kazakhstan’s financial institutions for the purpose of establishing Islamic finance,” he added.
Ruslan said the halal development will also be initiated, whereby Malaysia can help develop it to international standards.
“We would like to produce halal products. But, it must be produced in the right manner and this is where the collaboration will benefit us,” he added.
Last year, Malaysia’s total trade with Kazakhstan rose by 36.1 per cent to RM203.58 million compared with 2015.
SOURCE– BERNAMA
KUALA LUMPUR– A special committee will likely be formed between Malaysia and Kazakhstan, to promote closer economic cooperation between both countries, says the Malaysia External Trade Development Corporation (Matrade).
Senior Director Market Access & International Partnership Division Abu Bakar Koyakutty said the joint trade committee, expected to be formed during a two-day visit by a Kazakhstan delegation from today, would focus on several business sectors, namely Islamic finance, halal development and the public-private partnership cooperation.
“We want to further increase bilateral trade between Malaysia and Kazakhstan, and have Malaysian businesses also use the country as a platform to penetrate other markets within Central Asia,” he told reporters at a business forum here today.
Themed, “New Business Opportunities in Kazakhstan”, the forum was attended by local companies and various Kazakhstan ministries, led by Ruslan Dalenov, the first Vice-Minister of National Economy.
Abu Bakar said currently there are a number of Malaysian companies that have set up businesses in Kazakhstan, namely in the areas of oil and gas, building materials and construction.
“With the establishment of the committee, Malaysia can assist Kazakhstan in providing expertise, especially in the development of Islamic finance, once the Astana International Financial Centre (AIFC) is established,” he added.
The AIFC is slated to be operational in January 2018 and will be the regional financial hub, thus becoming a major centre of capital investment, asset management, Islamic and green finance, as well as fintech and private banking.
Kazakhstan’s Finance Vice Minister Ruslan Dalenov said Islamic finance is not widely used in the country’s financial system.
“But, with the launch of the AIFC, the government sees the need to adapt and apply the shariah-compliant system.
“We will be using the system for instance, in the issuance of sukuk. Currently, two Malaysian banks are guiding Kazakhstan’s financial institutions for the purpose of establishing Islamic finance,” he added.
Ruslan said the halal development will also be initiated, whereby Malaysia can help develop it to international standards.
“We would like to produce halal products. But, it must be produced in the right manner and this is where the collaboration will benefit us,” he added.
Last year, Malaysia’s total trade with Kazakhstan rose by 36.1 per cent to RM203.58 million compared with 2015.
SOURCE– BERNAMA

PosLaju wins Brand of the Year

Posted on : 03-05-2017 | By : sabah today | In : National Business

KUALA LUMPUR: Superbrands, the independent authority and arbiter of branding, has named PosLaju as winner of the Malaysian Brand of the Year Award 2016.
This is PosLaju’s second consecutive win for the award since 2015 as Superbrands Malaysia hosted its annual tribute event to honour and recognise many of Malaysia’s strongest brands and also unveiled the 9th edition of the much sought-after Superbrands book, which includes a two-page profile of each of the Superbrands.
Pos Malaysia group chief executive officer Datuk Mohd Shukrie Mohd Salleh who accepted the award on behalf of PosLaju said: “As the main brand for the group, we are proud that PosLaju has won the Brand of the Year Award for two years in a row which is a first global achievement for a Superbrand, thanks to our customers and the 25,000 Pos Malaysia  management and staff.”
PosLaju is the leading courier company in Malaysia with 38 per cent of the domestic courier market share and connecting over 80 per cent of populated areas across the country with its products and services.
“When I joined Pos Malaysia in 2011, we handled about 30 million items and last year we delivered 70 million and we expect to hit 100 million items in two years.
Our brand promise is to maintain the value of PosLaju and keep up the momentum for innovation in the courier industry,” he said.
The Superbrands tribute event is considered the ‘Oscars of Branding’ by the corporate world and speaking about the event, Superbrands Middle East director Mike English, said: “This year has seen an unprecedented number of local brands making it to the Superbrands list with a few new entrants in the market, in addition to internationally recognised brands.
“Participation in the Superbrands book is by invitation only and acknowledges the inherent strength of the organisation and its brand value.
This event is a true celebration of many of the country’s highest profile brands.”
After filtering through the selection list set by the Superbrands Council, over 2,000 senior managers and marketing professionals were invited to vote for candidate brands.
More than 1,400 leading brands in Malaysia were scored by the Superbrands Council members and through an online poll.
The highest scoring brands have been chosen as Superbrands and only the brands that achieve the level of recognition set by the independent Superbrands Council are eligible for inclusion in the Superbrands Malaysia book, which traces the history and achievements of each of the brands.
Speaking on the stringent selection and voting process, English added, “A strong brand has to engage with its customers, make customers feel a sense of ownership and instill trust but above all it must always deliver on its promises, so getting onto the Superbrands list is both a prestigious accolade and an arduous task as all these criteria need to be met.
“The brands also have to be voted for by our distinguished brand council members as well as by marketing professionals, who have voted through an online poll and the brand which scores the highest points will be adjourned the top honour of ‘Brand of the Year’ which we will announce at the tribute event.”
The Superbrands Council comprises individuals who have shown exceptional aptitude in business and who have a thorough knowledge of the market and methods of business.
SOURCE: THE BORNEO POST
KUALA LUMPUR: Superbrands, the independent authority and arbiter of branding, has named PosLaju as winner of the Malaysian Brand of the Year Award 2016.
This is PosLaju’s second consecutive win for the award since 2015 as Superbrands Malaysia hosted its annual tribute event to honour and recognise many of Malaysia’s strongest brands and also unveiled the 9th edition of the much sought-after Superbrands book, which includes a two-page profile of each of the Superbrands.
Pos Malaysia group chief executive officer Datuk Mohd Shukrie Mohd Salleh who accepted the award on behalf of PosLaju said: “As the main brand for the group, we are proud that PosLaju has won the Brand of the Year Award for two years in a row which is a first global achievement for a Superbrand, thanks to our customers and the 25,000 Pos Malaysia  management and staff.”
PosLaju is the leading courier company in Malaysia with 38 per cent of the domestic courier market share and connecting over 80 per cent of populated areas across the country with its products and services.
“When I joined Pos Malaysia in 2011, we handled about 30 million items and last year we delivered 70 million and we expect to hit 100 million items in two years.
Our brand promise is to maintain the value of PosLaju and keep up the momentum for innovation in the courier industry,” he said.
The Superbrands tribute event is considered the ‘Oscars of Branding’ by the corporate world and speaking about the event, Superbrands Middle East director Mike English, said: “This year has seen an unprecedented number of local brands making it to the Superbrands list with a few new entrants in the market, in addition to internationally recognised brands.
“Participation in the Superbrands book is by invitation only and acknowledges the inherent strength of the organisation and its brand value.
This event is a true celebration of many of the country’s highest profile brands.”
After filtering through the selection list set by the Superbrands Council, over 2,000 senior managers and marketing professionals were invited to vote for candidate brands.
More than 1,400 leading brands in Malaysia were scored by the Superbrands Council members and through an online poll.
The highest scoring brands have been chosen as Superbrands and only the brands that achieve the level of recognition set by the independent Superbrands Council are eligible for inclusion in the Superbrands Malaysia book, which traces the history and achievements of each of the brands.
Speaking on the stringent selection and voting process, English added, “A strong brand has to engage with its customers, make customers feel a sense of ownership and instill trust but above all it must always deliver on its promises, so getting onto the Superbrands list is both a prestigious accolade and an arduous task as all these criteria need to be met.
“The brands also have to be voted for by our distinguished brand council members as well as by marketing professionals, who have voted through an online poll and the brand which scores the highest points will be adjourned the top honour of ‘Brand of the Year’ which we will announce at the tribute event.”
The Superbrands Council comprises individuals who have shown exceptional aptitude in business and who have a thorough knowledge of the market and methods of business.
SOURCE: THE BORNEO POST

Made-in-China passenger jet set to take wing

Posted on : 03-05-2017 | By : sabah today | In : International News

SHANGHAI: China is expected this week to conduct the maiden test flight of a home-grown passenger jet built to meet soaring domestic travel demand and challenge the dominance of Boeing and Airbus.
The C919, built by state-owned aerospace manufacturer Commercial Aircraft Corporation of China (COMAC), was set to take wing over Shanghai on Friday, the company said on Wednesday, according to the official Xinhua news agency.
“If weather conditions are not suitable, the maiden flight will be rescheduled,” COMAC said, adding that engineers had completed some 118 tests.
The narrow-body jet represents nearly a decade of effort in a state-mandated drive to reduce dependence on European consortium Airbus and US aerospace giant Boeing.
“The first flight itself is not a huge deal. (But) of course, it’s going to be a hugely symbolic moment in the evolution of China’s aviation industry,” said Greg Waldron, Asia managing editor at industry publication Flightglobal.
The C919 is the country’s first big passenger plane and the latest sign of growing Chinese ambition and technical skill, coming one week after China launched its first domestically made aircraft carrier and successfully docked a cargo spacecraft with an orbiting space lab.
The C919 can seat 168 passengers and has a range of up to 5,555km.
LONG WAY TO GO
China is a huge battleground for Boeing and Airbus, with its travellers taking to the skies in ever-growing numbers.
The Chinese travel market is expected to surpass the United States by 2024, according to the International Air Transport Association (IATA).
The C919’s test flight comes after almost a decade of effort by Chinese authrorities to build a domestic aviation giant and reduce reliance on Boeing and Airbus AFP/STR
Airbus has estimated Chinese airlines will need nearly 6,000 new planes over the next two decades, while Boeing foresees 6,800 aircraft. Both put the combined price tags for those planes at around US$1 trillion.
But aviation analysts said Shanghai-based COMAC has a long journey ahead before it can challenge the lock held on the market by Boeing and Airbus.
“This is an important milestone for China with this new aircraft. But for it to move to the next stage, which is to sell this product, is not going to be so easy,” said Shukor Yusof, an analyst with Malaysia-based aviation consultancy Endau Analytics.
But COMAC may be able to rely on purchases by fast-growing Chinese airlines as it looks to get sales off the ground.
COMAC had already received 570 orders by the end of last year, almost all from domestic airlines.
Waldron agreed it will take time, but said that over the next century China will become a world aviation player.
“You are going to have three big companies. You will have Boeing, you will have Airbus, and you will have COMAC,” he said.
China has dreamed of building its own civil aircraft since the 1970s, when it began work on the narrow-body Y-10, which was eventually deemed unviable and never entered service.
COMAC’s first regional jet, the 90-seat ARJ 21, entered service in 2016, several years late.
LONG-HAUL AMBITION
The ARJ 21 is currently restricted to flying Chinese domestic routes as it still lacks the crucial US Federal Aviation Administration (FAA) certification that would allow it to fly US skies.
The C919’s first test flight had been due to take place in 2016 but was delayed.
Besides the C919, China is also working with Russia to develop a long-haul wide-bodied jet called the C929.
Although the C919 is made in China, foreign firms are playing key roles by supplying systems as well as the engines, which are made by CFM International, a joint venture between General Electric (GE) of the US and France’s Safran.
During a visit to COMAC in 2014, President Xi Jinping said not having a homegrown plane left China at the mercy of foreign industrial groups, state media reported at the time.
China last August launched a new multi-billion dollar jet-engine conglomerate with nearly 100,000 employees, with the hope of powering its own planes with self-made engines.
After the C919’s first flight, it will still need to pass a series of tests to obtain Chinese airworthiness certification before it can sell the aircraft.
China also has for years been in talks with the FAA to obtain certification for both the ARJ 21 and the C919, without result.
SOURCE: AFP/mn/ec
SHANGHAI: China is expected this week to conduct the maiden test flight of a home-grown passenger jet built to meet soaring domestic travel demand and challenge the dominance of Boeing and Airbus.
The C919, built by state-owned aerospace manufacturer Commercial Aircraft Corporation of China (COMAC), was set to take wing over Shanghai on Friday, the company said on Wednesday, according to the official Xinhua news agency.
“If weather conditions are not suitable, the maiden flight will be rescheduled,” COMAC said, adding that engineers had completed some 118 tests.
The narrow-body jet represents nearly a decade of effort in a state-mandated drive to reduce dependence on European consortium Airbus and US aerospace giant Boeing.
“The first flight itself is not a huge deal. (But) of course, it’s going to be a hugely symbolic moment in the evolution of China’s aviation industry,” said Greg Waldron, Asia managing editor at industry publication Flightglobal.
The C919 is the country’s first big passenger plane and the latest sign of growing Chinese ambition and technical skill, coming one week after China launched its first domestically made aircraft carrier and successfully docked a cargo spacecraft with an orbiting space lab.
The C919 can seat 168 passengers and has a range of up to 5,555km.
LONG WAY TO GO
China is a huge battleground for Boeing and Airbus, with its travellers taking to the skies in ever-growing numbers.
The Chinese travel market is expected to surpass the United States by 2024, according to the International Air Transport Association (IATA).
The C919’s test flight comes after almost a decade of effort by Chinese authrorities to build a domestic aviation giant and reduce reliance on Boeing and Airbus AFP/STR
Airbus has estimated Chinese airlines will need nearly 6,000 new planes over the next two decades, while Boeing foresees 6,800 aircraft. Both put the combined price tags for those planes at around US$1 trillion.
But aviation analysts said Shanghai-based COMAC has a long journey ahead before it can challenge the lock held on the market by Boeing and Airbus.
“This is an important milestone for China with this new aircraft. But for it to move to the next stage, which is to sell this product, is not going to be so easy,” said Shukor Yusof, an analyst with Malaysia-based aviation consultancy Endau Analytics.
But COMAC may be able to rely on purchases by fast-growing Chinese airlines as it looks to get sales off the ground.
COMAC had already received 570 orders by the end of last year, almost all from domestic airlines.
Waldron agreed it will take time, but said that over the next century China will become a world aviation player.
“You are going to have three big companies. You will have Boeing, you will have Airbus, and you will have COMAC,” he said.
China has dreamed of building its own civil aircraft since the 1970s, when it began work on the narrow-body Y-10, which was eventually deemed unviable and never entered service.
COMAC’s first regional jet, the 90-seat ARJ 21, entered service in 2016, several years late.
LONG-HAUL AMBITION
The ARJ 21 is currently restricted to flying Chinese domestic routes as it still lacks the crucial US Federal Aviation Administration (FAA) certification that would allow it to fly US skies.
The C919’s first test flight had been due to take place in 2016 but was delayed.
Besides the C919, China is also working with Russia to develop a long-haul wide-bodied jet called the C929.
Although the C919 is made in China, foreign firms are playing key roles by supplying systems as well as the engines, which are made by CFM International, a joint venture between General Electric (GE) of the US and France’s Safran.
During a visit to COMAC in 2014, President Xi Jinping said not having a homegrown plane left China at the mercy of foreign industrial groups, state media reported at the time.
China last August launched a new multi-billion dollar jet-engine conglomerate with nearly 100,000 employees, with the hope of powering its own planes with self-made engines.
After the C919’s first flight, it will still need to pass a series of tests to obtain Chinese airworthiness certification before it can sell the aircraft.
China also has for years been in talks with the FAA to obtain certification for both the ARJ 21 and the C919, without result.
SOURCE: AFP/mn/ec

Malaysia Airlines flies ‘Negaraku’ to greater heights

Posted on : 03-05-2017 | By : sabah today | In : National

PUTRAJAYA — Malaysia Airlines has pledged its participation in the “Negaraku” initiative, aimed at instilling the spirit of patriotism, nationwide.
In embracing the initiative, Malaysia Airlines is incorporating the spirit of “Negaraku” on the ground and online, as well as, various touch points including featuring the “Negaraku” emblem with special livery on several of its aircraft.
Malaysia Airlines’ inflight magazine, “Going Places” will also feature Malaysian heroes and present special content in inflight entertainment.
Malaysia Airlines’ commitment towards the “Negaraku” initiative was symbolised by handing over the Malaysia Airlines boarding pass and an aircraft model with special livery to Prime Minister Datuk Seri Najib Tun Razak who witnessed the ceremony at Perdana Putra here today.
Present were Communications and Multimedia Minister Datuk Seri Dr Salleh Said Keruak and Transport Minister Datuk Seri Liow Tiong Lai.
Malaysia Airlines Bhd Chief Executive Officer Peter Bellew remarked that Malaysia Airlines was proud to commit itself to the “Negaraku” initiative to underline its status as the only 100 per cent Malaysian-owned airline.
“It (Negaraku) speaks volume of the pride and love Malaysians have for each other and their wonderful nation.
“And we, the national airline, are proud to be part of that as we bear the “Negaraku” logo on behalf of each and every Malaysian we represent, worldwide,” he added.
While saying “terima kasih” to Najib, he praised the prime minister for his continuous support to Malaysia Airlines, which currently was on the road to recovery.
In the last nine months, he said, Malaysia Airlines recorded a load factor growth of 15 per cent.
In December 2016, Malaysia Airlines recorded a load factor of 90 per cent, the highest registered by any full service carrier in the world, and better than American Airlines, British Airways and Singapore Airlines, he added.
SOURCE– BERNAMA
PUTRAJAYA — Malaysia Airlines has pledged its participation in the “Negaraku” initiative, aimed at instilling the spirit of patriotism, nationwide.
In embracing the initiative, Malaysia Airlines is incorporating the spirit of “Negaraku” on the ground and online, as well as, various touch points including featuring the “Negaraku” emblem with special livery on several of its aircraft.
Malaysia Airlines’ inflight magazine, “Going Places” will also feature Malaysian heroes and present special content in inflight entertainment.
Malaysia Airlines’ commitment towards the “Negaraku” initiative was symbolised by handing over the Malaysia Airlines boarding pass and an aircraft model with special livery to Prime Minister Datuk Seri Najib Tun Razak who witnessed the ceremony at Perdana Putra here today.
Present were Communications and Multimedia Minister Datuk Seri Dr Salleh Said Keruak and Transport Minister Datuk Seri Liow Tiong Lai.
Malaysia Airlines Bhd Chief Executive Officer Peter Bellew remarked that Malaysia Airlines was proud to commit itself to the “Negaraku” initiative to underline its status as the only 100 per cent Malaysian-owned airline.
“It (Negaraku) speaks volume of the pride and love Malaysians have for each other and their wonderful nation.
“And we, the national airline, are proud to be part of that as we bear the “Negaraku” logo on behalf of each and every Malaysian we represent, worldwide,” he added.
While saying “terima kasih” to Najib, he praised the prime minister for his continuous support to Malaysia Airlines, which currently was on the road to recovery.
In the last nine months, he said, Malaysia Airlines recorded a load factor growth of 15 per cent.
In December 2016, Malaysia Airlines recorded a load factor of 90 per cent, the highest registered by any full service carrier in the world, and better than American Airlines, British Airways and Singapore Airlines, he added.
SOURCE– BERNAMA