MAG remains positive despite tough conditions

Bicky Bhangu (Rolls-Royce), Captain Izham Ismail (MAG), Minister of Transport Datuk Seri Dr Wee Ka Siong, Malaysia Aviation Group Group Chairman Tan Sri Wan Zulkiflee Wan Ariffin, Christian Scherer (Airbus) and Simon Hanson (Avolon) having a group photograph after the (MoU) signing ceremony for the replacement of MAS commercial aircraft. —SAMUEL ONG/ The Star

PETALING JAYA: Malaysia Aviation Group (MAG) has selected the A330neo for its widebody fleet renewal programme but it remains cautious to avoid overcapacity.

MAG chief operating officer, Izham Ismail said although the carrier has been cash-flow positive since October 2021, the group continues to face strong headwinds towards it target to break-even by 2023.