Malaysia Airlines cancels Frankfurt flights
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Malaysia Airlines will cancel its key Frankfurt route as part of a major cost-cutting programme.
In the latest stage of the airline’s 12-point Recovery Plan, which was outlined last year and also includes thousands of job losses, MAS has confirmed that it will suspend its five weekly flights between Kuala Lumpur and Frankfurt, Germany’s largest air gateway, on 29 May 2015. Flights to Kunming, Krabi and Kochi will also be cancelled.
MAS said the route cuts form part of its “strategy to be more regionally-focused, with a strong global connectivity through its oneworld alliance and partners”.
“The group is currently going through its most comprehensive restructuring,” said outgoing CEO Ahmad Jauhari Yahya. “Our challenge is to ensure MAS operates and utilises its fleet at an optimum level, as well as to be able to maximise revenue on every route it flies.
“Unfortunately, MAS today continues to operate several unprofitable and low yield routes, with little passenger flow-through to other routes in the network. Operation of these very poor performing routes only adds to our worsening financial loss position as a network carrier,” he added.
This is the second route rationalisation programme in the last three years for MAS, which previously slashed a series of services in early 2012. The airline has suffered a series of heavy financial losses in recent years, which have been compounded by the MH370 and MH17 incidents in 2014.
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