MALAYSIA AIRLINES CUTS ROUTES IN BID TO GET BACK TO PROFIT
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- Thursday, 27 July 2006
In Australia the first phase of its route rationalization program effective 26 March will see the following flights - Twice weekly Sydney – Kuching – Kuala Lumpur B777 one way flights; Twice weekly Kuala Lumpur – Kuching – Perth A330 return flights; Twice weekly London – Langkawi – Kuala Lumpur B747 one way flights and Twice weekly London – Penang – Kuala Lumpur B747 one way flights realigned to operate direct between KL international Airport (KLIA) and the cities of London, Sydney and Perth.
In addition, the current thrice weekly Kuching-Kuala Lumpur-Frankfurt B777 return flights will be operated Kuala Lumpur-Frankfurt return effective the same date. The airline will also give up many of its domestic routes to rival low-cost carrier AirAsia. Last month, Malaysia Airlines reported a loss of 1.26 billion ringgit (AUD$468 million) in the 2005 financial year, blaming it mostly on higher fuel costs. The airline had made a profit of 216.9 million ringgit (AUD81.1 million) a year earlier.