Malaysian Airline System Berhad: General announcement
08-Nov-2010 General Announcement
Reference No MA-101108-38570
Company Name: MALAYSIAN AIRLINE SYSTEM BERHAD
Stock Name : MAS
Date Announced: 08/11/2010
Type: Announcement
Subject: MALAYSIAN AIRLINE SYSTEM BERHAD ("MAS" OR "the Company")
- Firefly Expands With a New Fleet of Boeing 737-800
Contents:
MAS wishes to announce that its wholly-owned subsidiary, FlyFirefly Sdn Bhd ("Firefly"), will expand its network and operations starting 15 January 2011. Firefly, which currently operates a fleet of 7 ATR 72-500 turbo-propeller aircraft, will introduce jet aircraft operations with a new fleet of Boeing 737-800 aircraft operating out of the Main Terminal Building of Kuala Lumpur International Airport (KLIA). Phase 1 of the expansion plan, spanning 2011-2015, will bring into service up to 30 jet aircraft, with a total of 6 aircraft being operated by end 2011.
Firefly's expansion is part of MAS' strategy in growing its network and building capacity, in line with its Business Transformation Plan (BTP2).
Background on Firefly
Firefly began its operations in 2007 and currently operates a fleet of 7 ATR 72-500 aircraft with an additional 3 ATR 72-500 aircraft by early 2011. It currently flies to 19 cities and operates 24 routes within Malaysia, Thailand, Indonesia and Singapore.
Firefly won the "2010 Frost & Sullivan Value Airline of the Year" award and recently the "Green Initiative of the Year 2010" award by Leaders in Aviation Award in conjunction with the Doha Aviation Summit 2010.
Announcement Details :