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Company Watch - Malaysia Airlines.


For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Aug 7, 2006

Malaysia Airlines and Gulf Air signed a comprehensive codeshare agreement. From Sept. 18, MAS will put its code on Gulf flights between KLIA KLIA Kuala Lumpur International Airport  and Bahrain and Oman, while Gulf will place its code on select MAS domestic services. The airlines intend to expand the arrangement. Aug 4, 2006

Malaysia Airlines MD Idris Jala told reporters yesterday that the airline will raise domestic economy fares 15% and business class fares 25% effective Aug. 15 in addition to a 25%-42% fuel surcharge increase on domestic routes beginning today, when the reconfiguration of Malaysia's domestic airline route network takes effect. MAS will operate 22 trunk routes and AirAsia will take the rest. As a result, MAS said yesterday it agreed to an early termination of the Agreement for Domestic Business Unbundling A regulatory requirement that enables a competing service provider to purchase parts of the incumbent local exchange carrier's network in order to provide service to its customers. See ILEC.  with Penerbangan Malaysia Berhad, which will pay the carrier MYR MYR

In currencies, this is the abbreviation for the Malaysian Ringgit.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
650 million ($177.3 million) in compensation. PMB PMB Private Message Board
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 originally was to give MAS 12 months notice, the airline said in a statement, but the government decided in March to shift 99 domestic routes to AirAsia by today. Aug 1, 2006

Malaysia Airlines will raise domestic fuel surcharges by up to 42 percent from August 1, Chief Executive Idris Jala said on Monday. Malaysian, which has said it expects net losses of MYR620 million ringgit ring·git  
n.
See Table at currency.



[Malay.]

Noun 1. ringgit - the basic unit of money in Malaysia; equal to 100 sen
 (USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$169.2 million) this year, is shedding staff and unprofitable routes as part of a plan to return to profit next year. Jala also announced the airline's first increase in fares in 14 years for flights between the Malaysian peninsula and its two eastern states on the island of Borneo, and said it would levy a new administration fee of 14 ringgit on all flights. Jul 31, 2006
COPYRIGHT 2006 Pyramid Media Group, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Airguide Online
Geographic Code:7BAHR
Date:Aug 7, 2006
Words:300
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