Malaysia Airlines

Malaysia Buy Now Pay Later Business Report 2022: BNPL Providers are Targeting Different Industries to Drive Adoption of their Services and Transaction Volume - ResearchAndMarkets.com

Retrieved on: 
Monday, December 12, 2022

BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 35.4% during 2022-2028.

Key Points: 
  • BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 35.4% during 2022-2028.
  • The BNPL Gross Merchandise Value in the country will increase from US$625.3 million in 2021 to reach US$6,884.7 million by 2028.
  • During the global pandemic outbreak, BNPL providers aggressively partnered with e-commerce marketplaces to drive their adoption among consumers globally.
  • While BNPL firms continue to partner with e-commerce platforms, they also target other industries to drive their transaction volume in Malaysia.

Avolon 2022 Third Quarter Results

Retrieved on: 
Tuesday, October 25, 2022

Andy Cronin, CEO, commented: The third quarter contained a number of key milestones for our business, including delivering our strongest and most profitable quarter post pandemic, a landmark aircraft financing transaction with Malaysia Airlines, and the successful completion of our leadership transition.

Key Points: 
  • Andy Cronin, CEO, commented: The third quarter contained a number of key milestones for our business, including delivering our strongest and most profitable quarter post pandemic, a landmark aircraft financing transaction with Malaysia Airlines, and the successful completion of our leadership transition.
  • We also raised close to $1 billion of new capital and saw all of our key financial metrics strengthen during the quarter, further enhancing our balance sheet.
  • Headquartered in Ireland, with offices in the United States, Dubai, Singapore, Hong Kong and Shanghai, Avolon provides aircraft leasing and lease management services.
  • Avolon is a global leader in aircraft leasing with an owned, managed and committed fleet, as of 30 September 2022 of 833 aircraft.

Avolon Q3 Business Update

Retrieved on: 
Tuesday, October 11, 2022

Avolon, the international aircraft leasing company, issues an update for the third quarter of 2022 (Q3).

Key Points: 
  • Avolon, the international aircraft leasing company, issues an update for the third quarter of 2022 (Q3).
  • Headquartered in Ireland, with offices in the United States, Dubai, Singapore, Hong Kong and Shanghai, Avolon provides aircraft leasing and lease management services.
  • Avolon is a global leader in aircraft leasing with an owned, managed and committed fleet, as of 30 September 2022 of 833 aircraft.
  • This document includes forward-looking statements, beliefs or opinions, including statements with respect to Avolons business, financial condition, results of operations and plans.

Spirit AeroSystems, Malaysia Airlines Berhad sign Memorandum of Understanding to create MRO services for 737NG

Retrieved on: 
Wednesday, September 21, 2022

Spirit AeroSystems, Inc. [NYSE SPR] announced today at MRO Asia-Pacific in Singapore a Memorandum of Understanding (MOU) with Malaysia Airlines Berhad (MAB) to develop maintenance, repair and overhaul (MRO) services for the 737 Next Generation Aircraft.

Key Points: 
  • Spirit AeroSystems, Inc. [NYSE SPR] announced today at MRO Asia-Pacific in Singapore a Memorandum of Understanding (MOU) with Malaysia Airlines Berhad (MAB) to develop maintenance, repair and overhaul (MRO) services for the 737 Next Generation Aircraft.
  • This is an important development as Spirit Aftermarket Services continues to expand service offerings to the important Asia-Pacific market, said Kailash Krishnaswamy, Senior Vice President of Aftermarket Services for Spirit.
  • Via its alliance with oneworld, Malaysia Airlines offers superior connectivity to more than 900 destinations in 170 territories across the globe.
  • For more information, please visit www.malaysiaairlines.com and download the Malaysia Airlines app to get the latest promotions conveniently at your fingertips.

Stagwell Expands APAC Presence with Opening of Malaysia Office

Retrieved on: 
Thursday, September 1, 2022

NEW YORK and KUALA LUMPUR, Malaysia, Sept. 1, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has expanded its presence in the Asia-Pacific (APAC) region with the opening of its newest global office, Stagwell Malaysia.

Key Points: 
  • NEW YORK and KUALA LUMPUR, Malaysia, Sept. 1, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has expanded its presence in the Asia-Pacific (APAC) region with the opening of its newest global office, Stagwell Malaysia.
  • Stagwell has expanded its presence in Asia-Pacific with the opening of its newest global office, Stagwell Malaysia.
  • As part of the office opening, Ink has grown its partnership with Malaysia Airlines to offer sponsorship and advertising opportunities online and offline at the airport, onboard flights, and at home.
  • "As Malaysia celebrates its Independence Day, we are excited to establish our newest global entity in Kuala Lumpur," said Randy Duax, managing director, Asia-Pacific, Stagwell.

Seabury Securities Advises Malaysia Aviation Group in Acquisition of 20 A330neo Aircraft

Retrieved on: 
Tuesday, August 23, 2022

Seabury Securities LLC (Seabury) announced today that the companys Aviation team advised The Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, in the acquisition of 20 Airbus A330-900neo aircraft.

Key Points: 
  • Seabury Securities LLC (Seabury) announced today that the companys Aviation team advised The Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, in the acquisition of 20 Airbus A330-900neo aircraft.
  • Seabury served as MAGs exclusive financial and fleet advisor for the fleet acquisition and financing.
  • The agreements also include 20 A330neo purchase rights to provide flexibility for the group to realize future growth opportunities.
  • We are proud to have supported MAG in this very competitive selection process, commented Alexis Fekete, Seabury Securities Managing Director.

Avolon Agrees Transaction for 20 A330neo Aircraft With Malaysia Aviation Group

Retrieved on: 
Monday, August 15, 2022

Avolon, the international aircraft leasing company, announces that it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft.

Key Points: 
  • Avolon, the international aircraft leasing company, announces that it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft.
  • The transaction comprises the placement of 10 A330neo aircraft from Avolons orderbook and 10 A330neo aircraft to be acquired from MAG via sale and leaseback.
  • Group CEO of Malaysia Aviation Group, Captain Izham Ismail, commented: We are pleased to conclude a strategic understanding with Avolon on the renewal of our widebody fleet modernization through the leaseback arrangement of 10 A330neo aircraft, and acquire another 10 aircraft directly from Airbus.
  • Malaysia Aviation Group (MAG) is a global aviation organisation comprising three focused business portfolios from Airlines, Aviation Services and E-Commerce & Travel Services Businesses.

SAP Announces Q2 2022 Results

Retrieved on: 
Thursday, July 21, 2022

The Q1-Q2 2022 results were also impacted by other effects.

Key Points: 
  • The Q1-Q2 2022 results were also impacted by other effects.
  • Customers continue to expand their SAP landscape: Microsoft invested in "RISE with SAP", while GlobalFoundries, HeidelbergCement, Malaysia Airlines, and Mapletree Investments combined the "RISE with SAP" offering with further solutions.
  • On May 4, SAP and Google Cloud announced an expansion of their relationship, unveiling new integrations between Google Workspace and SAP's flagship cloud ERP, SAP S/4HANA Cloud.
  • On May 18, SAP announced that the Annual General Meeting of Shareholders of SAP SE approved all proposals of the Executive Board and Supervisory Board.

Commercial Asian Aviation Leaders to Gather in Singapore this Month for the First Time in More Than Three Years at Aviation Festival Asia

Retrieved on: 
Thursday, June 9, 2022

Singapore, June 9, 2022 - (ACN Newswire) - Aviation Festival Asia, the leading annual gathering of Asia's commercial aviation leaders, will take place in Singapore at Suntec Convention Centre on 14-15 June 2022.

Key Points: 
  • Singapore, June 9, 2022 - (ACN Newswire) - Aviation Festival Asia, the leading annual gathering of Asia's commercial aviation leaders, will take place in Singapore at Suntec Convention Centre on 14-15 June 2022.
  • After an absence of more than three years, owing to the COVID-19 pandemic, the event marks the first time that the region's commercial aviation leaders have been able to gather together since 2019.
  • Aviation Festival Asia will cover 6 key content pillars across the two days: Aviation Marketing, Revenue & Distribution, Digital Airlines, Retail & Payments, IFEC and Human Capital.
  • Aviation Festival Asia 2022 will take place at Suntec Convention Centre Singapore on 14-15 June 2022, in Halls 404-406.

UNITED AIRLINES AND SINGAPORE AIRLINES EXPAND CODESHARE ARRANGEMENTS TO INCLUDE 19 NEW DESTINATIONS

Retrieved on: 
Monday, April 25, 2022

CHICAGO, April 25, 2022 /PRNewswire/ -- Star Alliance members United Airlines and Singapore Airlines (SIA) today announced an expansion to their codeshare agreement, making it easier for customers to travel to more cities in the United States of America, South East Asia and other destinations in the Asia-Pacific region.

Key Points: 
  • Passengers can now enjoy codeshare flights to 19 new diverse and fast-growing cities ideal for both business and leisure travelers alike, tapping Singapore Airlines' and United Airlines' industry-leading networks.
  • Beginning April 26, 2022, United's customers will be able to connect to nine new codeshare destinations in the SIA Group network.
  • "We are excited to further expand our partnership with Singapore Airlines and provide our customers greater convenience and access to world-class destinations in the region."
  • "SIA's partnership with United is an integral part of our growth strategy," said JoAnn Tan, Senior Vice President Marketing Planning, Singapore Airlines.