Why Malaysia Airlines will retire its fleet of A380’s

Published

3 years ago

May 5, 2021

Anthony Lucas

Malaysia Airlines has confirmed they are set to retire their entire fleet of A380 aircraft

All six of Malaysia’s A380 superjumbo’s will end their service over the next few months.

The change comes as the airline transitions to twin-engine jets only.

Given the poor second-hand market for the jet, the airline is still figuring out its game plan to retire the aircraft.

Why the superjumbo hasn’t been quite so super

Airlines that operate the A380 often say the jet is hard to fill, expensive to run, and inefficient. The jet is the largest commercial airplane ever built.

The rapid decline of the Airbus comes at a time where the aviation industry is evolving.

The decision to stop production on the A380 came after Emirates, which operates more than half of all flights using the plane, halved its latest order.

After being in production for a little over 12 years, the A380 will go down as one of the shortest-lived models in aviation history.

Moving towards twin engine aircraft

Airlines are now shifting towards twin engine aircraft such as the popular Boeing 787 Dreamliner.

As a result, the giant of the skies could well be the last of its kind.

Why the meme-stock frenzy is unlikely to repeat

Published

6 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

6 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

7 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending