Malaysia Airlines Berhad

formerly known as Malaysian Airline

System Berhad branded as Malaysia
Airlines as Malaysian Airline System
Berhad is a major airline operating
flights from Kuala Lumpur International
Airport and from secondary hubs in Kota
Kinabalu and Kuching to destinations
throughout Asia, Oceania and Europe.
Malaysia Airlines is the flag carrier of
Malaysia and a member of the oneworld
airline alliance. The company's
headquarters are located at Kuala
Lumpur International Airport. In August
2014, the Malaysian government's
sovereign wealth fund Khazanah
Nasionalwhich then owned 69.37% of
the airlineannounced its intention to
purchase remaining ownership from
minority shareholders and de-list the
airline from Malaysia's stock exchange,
thereby renationalising the airline.

Malaysia Airlines owns two subsidiary

airlines: Firefly and MASwings. Firefly
operates scheduled flights from its two
home bases Penang International Airport
and Subang International Airport. The
airline focuses on tertiary cities.
MASwings focuses on inter-Borneo
flights. Malaysia Airlines has a freighter
fleet operated by MASkargo, which
manages freighter flights and aircraft
cargo-hold capacity for all Malaysia
Airlines' passenger flights.

The airline began as Malayan Airways

Limited and flew its first commercial
flight in 1947. A few years after
Singapore's independence, the airline's
assets were divided in 1972 to form
Singaporean flag carrier Singapore
Airlines and Malaysian flag carrier
Malaysian Airline System.[5] Its logo is
the wau bulan, a traditional Malaysian
kite design.

Despite numerous awards from aviation

industry and recognition from the World
Travel Awards as the leading airline in
and to Asia (201011, 2013) [5] the
airline struggled to cut costs to compete
with new, low-cost carriers in the region
since the early 2000s.[6] In 2013, the
airline initiated a turnaround plan after
large losses beginning in 2011 and cut
routes to prominent, but unprofitable,
long-haul destinations, such as the
Americas (Los Angeles and Buenos
Aires) and South Africa.[7] Malaysia
Airlines also began an internal
restructuring and intended to sell units
such as engineering and pilot training.
[7]

In 2014, Malaysia Airlines lost two

aircraftFlight 370 and Flight 17less
than five months apart, exacerbating
the airline's financial troubles and
leading to the renationalisation of the
airline. Prior to 2014, MAS had one of
the world's best safety recordsjust two
fatal accidents in 68 years of operation,
[8] including the hijacking in 1977 of
Flight 653 that resulted in 100
casualties.

AirAsia Berhad is a Malaysian low-cost

airline headquartered near Kuala
Lumpur, Malaysia. It was the largest
airline in Malaysia in fleet size and
destinations. AirAsia group operates
scheduled domestic and international
flights to 100 destinations spanning 22
countries. Its main hub is klia2, the lowcost carrier terminal at Kuala Lumpur
International Airport (KLIA) in Sepang,
Selangor, Malaysia: all its Kuala Lumpur
departures and arrivals operate through
this terminal. Its affiliate airlines Thai
AirAsia, Indonesia AirAsia, Philippines
AirAsia, AirAsia Zest, and AirAsia India
have hubs in Don Mueang International
Airport, SoekarnoHatta International
Airport, Ninoy Aquino International
Airport, and Kempegowda International
Airport respectively, while its subsidiary,
AirAsia X, focuses on long-haul routes.
AirAsia's registered office is in Petaling

Jaya, Selangor while its head office is at

Kuala Lumpur International Airport.
AirAsia operates with the world's lowest
unit cost of US$0.023 per available seat
kilometres (ASK) and a passenger breakeven load factor of 52%. It has hedged
100% of its fuel requirements for the
next three years, achieves an aircraft
turnaround time of 25 minutes, has a
crew productivity level that is triple that
of Malaysia Airlines, and achieves an
average aircraft utilisation rate of 13
hours a day.[4] In 2007 Joshua
Kurlantzick of The New York Times
described the airline as a "pioneer" of
low-cost travel in Asia.[5] AirAsia is the
sponsor of Malaysia national football
team, Singapore national football team
and Queens Park Rangers. AirAsia is also
a former sponsor of Manchester United
and Asia Red Tour.