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Old November 15th, 2009, 07:05 PM   #1841
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Malaysia Airlines launches "Global Sales"
Written by The Edge Financial Daily
Monday, 16 November 2009 00:00

SUBANG: Malaysia Airlines is kicking off its "Global Sales" today, offering travelers low deals to over 40 destinations including Europe, India, China, Africa, Australia.

In a statement yesterday, Malaysia Airlines senior general manager sales and marketing Datuk Bernard Francis said the booking period until Nov 25, 2009 was for the travel period of between Dec 15, 2009 and June 30, 2010.

The London route is on offer from as low as RM1,248. For destinations in Asean countries, fares start from RM183 to Medan, RM223 to Yogyakarta, RM343 to Bali, RM293 to Surabaya, RM283 to Jakarta, RM338 to Siem Reap and Phnom Penh, RM303 to Ho Chi Minh City, RM458 to Manila and RM408 to Yangon.

Orient destination fares begin from as low as RM418 to Hong Kong, RM558 to Shanghai and Guangzhou and RM 608 to Kunming.

For destinations in the Indian Subcontinent, offers start from RM498 to Colombo, RM658 for flights to Hyderabad, RM718 to New Delhi and RM698 to Mumbai.

All promotional airfares are for one-way economy class travel and includes airport tax, fuel surcharge, insurance and administrative fees.
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Old November 19th, 2009, 08:10 PM   #1842
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Transmile grounds plan to sell maintenance unit to MAS
Friday November 20 2009
http://www.themalaysianinsider.com/i...ce-unit-to-mas



Children watch MAS planes at the KLIA.
— Reuters pic

KUALA LUMPUR, Nov 19 — Air cargo operator Transmile Group said today it would not sell its aircraft maintenance unit to national carrier Malaysian Airline as the letter of intent had expired.

“However, both parties will continue to be in dialogue in the event that opportunity arises for the parties to pursue the proposed transaction in future,” Transmile said in a filing with the stock exchange.

No timeframe was given.

Malaysian Aerospace Engineering Sdn Bhd (MAE), a unit of Malaysia Airline, was supposed to buy Transmile’s base maintenance and engineering capabilities including 2 hangars, equipment, and employment of its skilled manpower.

Financial details of the transaction were never revealed.

MAE was also supposed to provide heavy maintenance services to Transmile’s fleet of 16 freighter aircraft.

MAE services 80 customer airlines including Lufthansa, Saudi Arabian Airlines, Jet Airways and Delta Air Lines Inc.

Shares of Malaysian Airline edged 0.3 per cent higher at RM3.12 and Transmile ended down 1.9 per cent at RM1.02. — Reuters
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Old November 19th, 2009, 08:46 PM   #1843
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AirAsia sets its sights on listing in Thailand
By Jeeva Arulampalam Published: 2009/11/20

Low-Cost carrier AirAsia Bhd has plans for a dual listing in Thailand to achieve its vision of becoming a full-fledged Asean airline.

The airline has harboured plans of listing abroad since the inception of its Thai and Indonesian associate airlines some five years ago, AirAsia group chief executive officer Datuk Seri Tony Fernandes said.

"The plan is to list AirAsia group in Thailand and later on in Indonesia. The performance of both associates is dramatically improving and we are working on a suitable structure to inject them into a common share," Fernandes told Business Times in an exclusive interview yesterday.

AirAsia is the second Malaysian company to announce intentions of listing in Thailand, following CIMB Group Holdings Bhd's announcement on Monday.

"It's so crucial that more liquidity is created in the Asean economies and we applaud the regulators from both countries for taking proactive measures to do so. The Asia growth story should not just be about China and India," said Fernandes.
He said that by focusing on a single Asean airline identity, AirAsia will have a common identity among the 600 million people in the region and strengthen its brand.

The airline is currently in discussions with lead arranger CIMB Group to map out its listing details. Both CIMB Investment Bank Bhd and CIMB Thai Bank are actively engaging regulators from Malaysia and Thailand on AirAsia's behalf.

"It's still too early to provide details on when and how many shares will be floated. But we are looking at issuing new shares," Fernandes said.

He said the listing structure would be similar to CIMB Group's dual listing in Thailand.

CIMB Group plans to offer 35 million shares to retail and institutional investors in an initial public offering that could raise some RM452.2 million based on its current share price.

It will be the first foreign company to float shares on the Stock
Exchange of Thailand (SET) after regulators there approved last month a set of new guidelines for foreign listings that will take effect on December 1.

AirAsia's current market value on Bursa Malaysia is RM3.61 billion.

Its share price rose 3 per cent to end at RM1.31 yesterday.

Although there were plans to privatise AirAsia Bhd last year, Fernandes said the airline was committed to remaining listed on the local stock exchange.

AirAsia, which will release its third quarter results today, expects its associate airlines to turn profitable by the end of this fiscal year.

This will be achieved as the associates grow their routes and replace their ageing fleet of Boeing 737s with new Airbus 320s.

AirAsia has a 49 per cent stake each in Indonesia AirAsia and Thai AirAsia.
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Old November 20th, 2009, 12:22 PM   #1844
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Malaysia AirAsia swings to Q3 profit
Published: 2009/11/20

AirAsia says Q3 net profit 130 million ringgit versus 465.53 million Ringgit net loss a year ago.

Q3 revenue at 739.67 million Ringgit versus 707.91 million. On outlook, AirAsia CEO Tony Fernandes said: “Based on the forward booking trend, the underlying passenger demand in the fourth quarter is positive. We are on course to achieve the Group’s target of carrying 25 million guests for the full year 2009.”

On fuel prices, Fernandes said AirAsia has partially hedged fuel requirements in the fourth quarter. -- REUTERS
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Old November 20th, 2009, 03:09 PM   #1845
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AirAsia Plans Flights To India Via Thailand
November 20, 2009 21:05 PM

SEPANG, Nov 20 (Bernama) -- AirAsia, Asia's leading low cost airline, plans to fly to Delhi, Kolkata and Amritsar via its Bangkok hub by the first half of next year, said group chief executive officer Datuk Seri Tony Fernandes.

"The whole Indian sub-continent is going to be very exciting for AirAsia and the Malaysian tourism industry.

"By next year, (there will be) six routes from Malaysia to India while three via Thailand," he told reporters after the live video interview with the Indian media in conjunction with the Kuala Lumpur-Kolkata route launch, here Friday.

Kuala Lumpur-Kolkata was AirAsia's fourth route launched this year. The airline currently flies to Trichy, Kochin and Trivandrum. With frequency of two flights a day, Trichy is AirAsia's top ten profitable routes.

Fernandes said India was a huge market with 1.1 billion people, US$3.1 trillion economy and 20 potential airports.

There is a still room for AirAsia to tap the market, he added.

AirAsia will fly the Kuala Lumpur-Chennai and Kuala Lumpur-Bangalore routes by May next year, Penang-Chennai in April and Kuala Lumpur-Hyderabad in July.

For the Kuala Lumpur-Mumbai and Kuala Lumpur-Delhi routes, he said the destinations will be operated by AirAsia's long-haul affiliate, AirAsia X, by the end of next year.

-- BERNAMA
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Old November 20th, 2009, 03:19 PM   #1846
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MAS offers MHinsure insurance t air travellers
Updated: Friday November 20, 2009 MYT 3:39:02 PM

KUALA LUMPUR: Malaysia Airlines (MAS) is making it easier for air travellers to buy travel insurance online by opening up MHinsure to Malaysians, Singaporeans and Australians.

"With the opening of MHinsure to travellers in Malaysia, Singapore and Australia, we are confident we will see more than 70 per cent growth in premium sales by end of next year," said Muzzaffar Othman, MAS Senior General Manager in the Managing Director's Office.

He said the national carrier's plan is to expand MHinsure to other markets in the near future.

Since the launch of MHinsure in Malaysia last year, about 25 per cent of Malaysia Airlines' passengers have bought the travel insurance online.

Now travellers, whether flying with Malaysia Airlines or other airlines, can buy MHinsure at
www.malaysiaairlines.com, it said in a statement. - Bernama
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Old November 22nd, 2009, 06:32 AM   #1847
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AirAsia Sells 28,000 Seats For Kolkata Route
November 21, 2009 22:32 PM

KUALA LUMPUR, Nov 21 (Bernama) -- AirAsia, Asia's largest low-cost carrier, has, to date, sold 28,000 seats for the Kuala Lumpur and Kolkata route.

Open for sale on Oct 15, the airline said the new route would unlock the potential of international air travel from Kuala Lumpur to eastern India and its surrounding areas.

"It's a significant achievement for this market. We are very committed to expanding and providing excellent opportunities for travellers to enjoy our unbelievable low fares and world class service," Regional Head of Commercial Kathleen Tan said in a statement Saturday.

Kathleen Tan said the airline was also looking forward to add further capacity, better travel value options and comfort for travellers between India and Kuala Lumpur.

"We always strive hard to continue expanding our extensive network and there are plans to initiate services to other cities in India soon," she added.

-- BERNAMA
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Old November 22nd, 2009, 12:53 PM   #1848
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MAS Wins 5-Star Airline & World's Best Cabin Staff Award For 2010
November 22, 2009 17:27 PM
http://www.bernama.com/bernama/v5/ne....php?id=457153

KUALA LUMPUR, Nov 22 (Bernama) -- It is a double celebration for Malaysia Airlines as it was awarded the "5-Star airline" for the 5th consecutive year and the "World's Best Cabin Staff" for the 7th time by Skytrax, a UK based organization, with 20 years experience in airline research.

Malaysia Airlines has been accredited as a 5-Star airline by Skytrax since 2005. Its cabin crew has won the "World's Best Cabin Staff" award for 2001-2004, 2007, 2009-2010 - the most for any airline.

Malaysia Airlines' Managing Director and Chief Executive Officer, Tengku Datuk Azmil Zahruddin said, "This is great news, particularly in today's tough environment where all employees have been working very hard to deliver products and services that matter to the customer. What matters to them, matters to us.

"This recognition will spur us to intensify our efforts to improve our products and services. Our cabin crew has done a stellar job, and they have continuously held the MAS & Malaysian flag high in the highly competitive aviation industry. They epitomized the best of Malaysian Hospitality."

Azmil also said the airline will be rolling out new services such as flight services from buying, boarding and disembarkation on mobile and enhanced online redemption of Enrich points.

"We will also be taking delivery of the new 737-800 Boeing Sky Interior by the end of 2010. Customers will enjoy better ambience, higher ceilings, mood lighting, Inflight Entertainment on every business and economy class seats which offers audio and video on demand, and latest generation light weight seats. Mobile connectivity services will be offered in the future".

Skytrax CEO, Edward Plaisted said, "In awarding the 5-Star airline ranking to Malaysia Airlines for 2009/2010, we are recognising the consistent front-line performance of the airline during recent tough times for the industry.

"The 5-Star Airline status is awarded only to airlines achieving the very highest quality performance, and this top tier award for Malaysia Airlines pays respect to their ability to deliver the right combination of product and service. They are clearly focussing very carefully on not just meeting, but surpassing their customer's expectations".

Malaysia Airlines was also recently voted as "Asia's Leading Airline" by over 180,000 industry professionals in a global poll conducted by the World Travel Awards.

Other recognitions received this year include Airline of The Year by Malaysia Airport Holding Bhd, 3rd in Top Performing Company by Aviation Week, No. 8th in Top Airlines Worldwide Category by Smart Travel Asia and the Top 10 airlines in the first Global Local Monitor on airline websites.

The 5-Star ranking certification is applied and reviewed annually by Skytrax, following the detailed audit analysis of each airline's product & service quality levels.

The "World's Best Cabin Staff" survey was gathered using a range of input sources such as online customer survey, business research group and customer telephone interviews.

-- BERNAMA
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Old November 22nd, 2009, 10:14 PM   #1849
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KL will be hub for flights to India, says AirAsia
By Jeeva Arulampalam Published: 2009/11/23

LOW-COST carrier AirAsia Bhd (5099) will concentrate on using Kuala Lumpur as its hub for flights to India, said its top official.

While the group plans to offer flights from Bangkok to Delhi, Kolkata and Amritsar next year, it does not plan to have flights from Indonesia to India for now.

"We will continue to use KL as a hub for our flights to India," group chief executive officer Datuk Seri Tony Fernandes told reporters in Sepang last Friday.

With four Indian routes from Kuala Lumpur under its belt currently, the airline hopes to add additional routes like KL-Chennai, KL-Bangalore, and KL-Hyderabad by the middle of next year.

"We have 20 potential airports that we can go to in India. We are not just looking at tourists, but the small and medium enterprises such as the textile businesses that will benefit from these flights," Fernandes said after watching the launch of the Kuala Lumpur-Kolkata flights in India via video conference.

AirAsia presently has two daily Kuala Lumpur-Trichy flights and its latest additions are Kuala Lumpur-Kochi, Kuala Lumpur-Trivandrum and Kuala Lumpur-Kolkata.

Long-haul affiliate AirAsia X will launch its new Indian routes next, with flights to Mumbai and Delhi from Kuala Lumpur before the year-end.

Meanwhile, AirAsia's next new route will be Penang-Chennai, which should start by April next year.

The airline will utilise some eight to 10 aircraft for its Indian routes.

Fernandes said that with AirAsia now flying to Asean, China and India, it has the potential to reach some 2.5 billion people.

In another development, Fernandes also received the Orient Aviation Person of the Year for 2009 award last Friday, given by the Hong Kong-based aviation industry publication Orient Aviation.

Orient Aviation chief executive Barry Grindrod said Fernandes was the first person to receive the award whose airline is not affiliated with the Association of Asia Pacific Airlines.

He pointed out how legacy airlines have followed AirAsia's lead and entered the low-cost travel market.
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Old November 22nd, 2009, 10:30 PM   #1850
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AirAsia plans listing on Thai, Indonesian stock exchanges
2009/11/22

KUALA LUMPUR: Southeast Asia’s biggest budget carrier AirAsia plans to list on the Thai and Indonesian stock exchanges in a bid to tap the region’s capital markets despite a turbulent year for airlines.

AirAsia has the most extensive network in Southeast Asia, with more than 70 destinations across 20 countries — and has grown dramatically from just two planes to its current fleet of 85 in just seven years.

Now the company, currently listed only in Malaysia, wants to list itself and its Thai affiliate in Thailand. It also wants to list its Indonesian affiliate in Indonesia.

Group chief executive Tony Fernandes said the moves would give it more of a Southeast Asian identity.

“We are an ASEAN company. We want many ASEAN investors to buy our shares,” he told AFP over the weekend in Kuala Lumpur.

AirAsia is a big capital stock on the Malaysian bourse. “By listing on the three stock exchanges, it will boost AirAsia’s ASEAN identity,” he said.

Indonesia is Southeast Asia’s most-populated nation while Thailand and Malaysia are key members of regional bloc the Association of Southeast Asian Nations (ASEAN).

Fernandes said he was unable to say when the listings would take place as the plan was still in its infancy, but was confident there would be demand for the shares, despite the industry’s problems during the global economic downturn.

“The timing is great in Asia. And Southeast Asia is a huge market,” he said of the region’s 550 million people.

Yeah Kim Leng, chief economist with ratings agency RAM Holdings, in Malaysia, told AFP that the listing of AirAsia on the Thai bourse would allow Fernandes to “raise capital and to reduce overall gearing.”

Listing the affiliates, Thai AirAsia and Indonesia AirAsia, would also add fresh dynamism to the capital markets in Thailand and Indonesia and “will enable local investors to participate in the growth potential of the company,” he said.

Fernandes said AirAsia had picked CIMB Investment Bank Bhd, a unit of Malaysia’s second largest bank CIMB Group Holdings, as lead arranger for the stock listings.

AirAsia’s listing plans come just days after CIMB Group Holdings announced it plans to list on the Thai stock exchange in the first half of 2010.

On the outlook for the aviation industry, Fernandes said AirAsia was in better shape than many of its competitors.

“We will press ahead with our route expansion. For instance, we will continue to expand into India. The whole Indian subcontinent is an exciting region for AirAsia,” he said.

AirAsia, which services more than 130 routes, already flies to Kolkata, Trichy, Kochi and Trivandrum.

While premium carriers have suffered, Fernandes said low-cost carriers have been more resilient in weathering the economic downturn.

“Passenger demand for AirAsia seats remained strong. We will weather the storm very well. Our demand for fourth quarter is good,” he said.

AirAsia’s net profit in the three months to September climbed to RM130.07 million from a loss of RM465.53 million a year ago.

Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA), said the first 10 months of 2009 “has been one of the most difficult and challenging for airlines in the history of aviation.”

During the period, AAPA international passenger numbers were down by 8.2 per cent, while air cargo experienced a 16.5 per cent decline.

Herdman said the industry has to steer a difficult course over the next year. - AFP
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Last edited by nazrey; November 23rd, 2009 at 06:19 AM.
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Old November 23rd, 2009, 06:20 AM   #1851
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AirAsia taps SEA capital market
http://www.straitstimes.com/Breaking...ry_457672.html



AirAsia plans to list on the Thai and Indonesian stock exchanges in a bid
to tap the region's capital markets despite a turbulent year for airlines.
-- PHOTO: AFP
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Old November 23rd, 2009, 06:23 PM   #1852
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I thought Singapore's usage of the word was bad already but AirAsia's use of the word "hub" is even more flippant.

Anyway, we've been hearing positive news about AirAsia. Let's hear something "negative"; AirAsia is canceling LGK-SIN from Jan 10.
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Old November 24th, 2009, 05:06 AM   #1853
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Analysts cut AirAsia forecasts
Published: 2009/11/24



Analysts have cut their forecasts for AirAsia Bhd's (5099) profits for the current year after the low-cost carrier's third-quarter core operating profit fell short of their expectations.

Although the stock was upgraded to a "buy" call last week, OSK Research has now downgraded AirAsia's fair value to RM1.13 based on 10 times financial year 2010 (FY10) earnings per share (EPS) and reduced its recommendation to a "sell".

"As we believe the price undercutting (for air fares) and escalating crude oil price would persist in the short to medium term, we downgrade our projection by 31 per cent and 46.5 per cent for FY09 and FY10 respectively," it said in a report yesterday.

While AirAsia's net profit was RM130.1 million, its core operating profit was RM33.8 million after adjusting for foreign exchange gains.

Analysts were surprised by the further contraction in average fares to RM141.60, or lower by 11.5 quarter-on-quarter, although they projected a poorer third quarter as it is seasonally the airline's weakest quarter.
"The firm's fuel price averaging US$79.30 (RM268. 03) per barrel in third quarter was 30.4 per cent higher quarter-on-quarter, which was higher than the average 12.8 per cent increase in fuel cost over the same period," OSK said.

HwangDBS Vickers Research has cut its FY09 forecast core earnings by 12 per cent to RM378.7 million after factoring in a lower yield of 12.6 sen (from 13.3 sen) as well as higher jet fuel costs.

It maintains that the stock is fully valued, with the stock currently trading at 9.5 times FY10F EPS (ex-EI) and 1.1 times FY10F BV, higher than peers' 8.0 times and 0.9 times, respectively.

However, ECM Libra Investment Research is maintaining its "buy" call on the stock as it views the current quarter's results as just a blip.

"Most full service carriers are expected to post losses in the third quarter on aggressive fare cutting and this cannot go on indefinitely, especially when fuel cost is rising again. As economic recovery gains traction, we expect airfares to normalise," it said in a report.
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Old November 24th, 2009, 05:44 AM   #1854
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Effective paid search pays off for Malaysia Airlines
Tuesday November 24, 2009

PETALING JAYA: Malaysia Airlines clinched the gold award at the Asia Pacific Digital Media Awards in Shanghai for the most effective use of paid search to boost online ticket sales.

According to a release by the MAS media relations unit, judges described the airlines’ work as path-breaking, demonstrating innovative uses of paid search across multiple countries and languages.

MAS communications senior general manager Indira Nair said the number of tickets sold through search soared 450%, earnings per booking grew 200% while time spent on website through search traffic went up 150%.

“On these metrics, we were consistently higher than the market average and ahead of competition in Malaysia and the region,” she said.

Its website www.malaysiaairlines.com was recently listed among the top 10 in the first Global Local Monitor on airline websites.

Its monthly Internet sales have also grown from 30,000 bookings to 150,000.

Indira said in just 18 months, MAS has some 22,000 fans on its Facebook page, Malaysia Airlines Travel and more than 6,000 followers on Twitter.

MAS also has an active employee blog known as Living Malaysian Hospitality.

The national carrier has also been awarded the “5-Star airline” for the fifth consecutive year by Skytrax, a UK-based organisation with 20 years experience in airline research.

Its cabin crew has won the “World’s Best Cabin Staff” award for 2001-2004, 2007 and 2009 – the most for any airline.
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Old November 24th, 2009, 12:38 PM   #1855
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MAS launches direct KL-Brisbane flights
Published: 2009/11/24

MALAYSIA Airlines will launch two new weekly non-stop flights from Kuala Lumpur to Brisbane effective March 28, 2010.

The flight on Fridays and Sundays will complement its current five times weekly flights from Kuala Lumpur to Brisbane via Sydney, the national carrier said in a statement today.

The two flights will depart Kuala Lumpur at 9am, arriving in Brisbane at 6.55pm on the same day, it said.

Flights will leave Brisbane at 11.20pm, arriving in Kuala Lumpur the next morning at 5.45am.

Malaysia Airlines Regional Manager Australia, New Zealand and South West Pacific, Abd Manaf Harun said: "We are delighted to provide these new direct flights in response to customer feedback.

"For long haul flights, customers want the assurance of comfort, convenience and seamless travel which we provide.

"The new Friday services will appeal to Malaysian leisure travellers as they are able to maximise their holiday time and commence it at the start of the weekend."

According to Abdul Manaf, customers are also assured of easy train connectivity to the Gold Coast as flights will arrive at 6.55pm.

"Likewise, Australian travellers returning home will appreciate the Sunday early evening arrival as that would give them time to rest before heading back to the office on Monday," he explained.

Malaysia Airlines connects to five destinations in Australia - Brisbane, Sydney, Melbourne, Adelaide and Perth.

It also offers a total of 46 weekly services to Australia. - Bernama
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Old November 24th, 2009, 01:26 PM   #1856
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Old November 25th, 2009, 07:47 AM   #1857
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AirAsia X starts flying to Middle East
From Ahmad Fairuz Othman
Published: 2009/11/25

ABU DHABI: Long-haul budget carrier AirAsia X has started flying five times a week from Kuala Lumpur to Abu Dhabi, expanding its network into the Middle East.

The inaugural flight on its Airbus 340 culminated with a launch event at the Yas Island Rotana hotel here yesterday.

AirAsia X chief executive officer Azran Osman-Rani said Abu Dhabi has the potential to become a hub for the carrier to expand its network into the Middle East.

"I take it (Abu Dhabi ) as a priority market. We are now focusing on adding more capacity and working on the service's efficency. We will focus on Abu Dhabi first, before expanding our network further into this region," he said after the launch.

Also present were Malaysian High Commissioner to the United Arab Emirates Datuk Yahaya Abdul Jabar, Abu Dhabi Tourism Authority deputy director-general Ahmad Hussein and AirAsia X chairman Datuk Kalimullah Hassan.

Abu Dhabi serves as a gateway to the Middle East, which has a population of about 300 million.

Abu Dhabi is the ninth destination offered by AirAsia X, after Chengdu, Hangzhou, Taipeh, Melbourne, Gold Coast, Perth, London and Tienjin.

To celebrate its launch, AirAsia X is offering 1,100 free tickets under the AirAsia Go Holiday packages from now until Friday. The travel period is for December 1 until January 31 2010.

It is also offering an online promotional offer of a number of seats through its website at RM99 or 99 dirhams, for one-way travel between now and July 31 2010.
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Old November 25th, 2009, 08:24 PM   #1858
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AirAsia plans daily flight between Kota Kinabalu and Taipei

By Ghim-Lay Yeo
Malaysian low-cost carrier AirAsia plans to start a daily flight from Kota Kinabalu in east Malaysia to Taipei.

It will commence from 15 January and will be operated on an Airbus A320 aircraft, says the airline.

"The travelling trend to places such as Taipei is increasing and with growing potential household income in east Malaysia, we believe there will also be strong potential demand from east Malaysian travelers to fly directly to the city," says regional head of commercial AirAsia group Kathleen Tan.

Thai AirAsia flies between Taipei and Bangkok while AirAsia X flies between Taipei and Kuala Lumpur.

AirAsia will compete on the Kota Kinabalu-Taipei route with Malaysia Airlines.

-flightglobal.com
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Old November 27th, 2009, 05:43 PM   #1859
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Air Asia X
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Old November 28th, 2009, 12:30 AM   #1860
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Airbus to defer A380 delivery to Malaysia Airlines
AFP-Friday, November 27

KUALA LUMPUR (AFP) - – Malaysia Airlines said Thursday Airbus was delaying delivery of the carrier's first A380 superjumbo aircraft by eight months.

Managing Director and Chief Executive Azmil Zahruddin said MAS will now take delivery of its first A380 in August 2011 instead of January 2011.

"We have never requested for the A380s to be delayed; all delays have been at Airbus' request," he told Dow Jones Newswires.

The six aircraft were initially supposed to be delivered from January 2007.

Airbus has said that the carrier will be compensated for the delay in the delivery of the aircraft.

Azmil said deliveries of subsequent aircraft will be pushed back to the latter part of 2011, and into 2012.

A Singapore-based spokesman for Airbus confirmed that the delivery schedule for Malaysian Airline's order for A380 jets "has been revised."

The official declined to say why the deliveries have been delayed and didn't provide details on the revised delivery schedule.

Malaysia Airlines said Wednesday it sunk back into the red in the third quarter, blaming losses on its fuel-hedging positions.

In the three months to September, the airline posted a net loss of 299.6 million ringgit (88.9 million dollars) compared with a net profit of 38.1 million ringgit a year earlier
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