Page 22 - AAA JUNE - JULY 2022 Online Magazine
P. 22

INTERVIEW MALAYSIA AIRLINES


        IN FLIGHT
                                                     severely impacted the already challenging operating climate due
                                                     to prolonged border closure and scaled down networks. Our bal-
                                                     ance sheet took a hit with a 96 per cent reduction in flight capacity.
                                                     However, we didn’t sit still and continued with movement of essential
                                                     services by mounting rescue and repatriation flights worldwide and
                                                     ensured global supply chains are maintained for the most time-sen-
        MODE                                         sitive supplies via our cargo arm, MABkargo.


                                                     During the pandemic, Malaysia Aviation Group (MAG), the parent
                                                     company of Malaysia Airlines, took proactive measures to reduce
                                                     costs, preserve cash, reset its balance sheet, transform the business
                                                     dynamic to realign with its long-term aspirations and ensure business
                                                     survivability by embarking on a successful Group-wide restructuring
                                                     exercise in 2021. This includes diversifying our revenue streams
                                                     beyond the pure-play airlines market. As a Group, we looked at
                                                     the aviation ecosystem in its entirety to cater to the various needs
                                                     and demands of market. Our goal with the long-term business plan
                                                     2.0 (LTBP 2.0) taking shape is to provide customised, end-to-end
                                                     solutions for the travel ecosystem for enhanced connectivity and
                                                     improved customer experience through our airlines and non-air-
                                                     lines businesses. Aside from urgently stabilizing our cost base and
                                                     ensuring business sustainability, the pandemic also accelerated
                                                     digitalisation for many organisations. We fully realised that airlines
                                                     need to rethink how they do business to come out of the crisis and
                                                     empowered our workforce to remain agile and be equipped with
                                                     the necessary skillsets to meet the demands and challenges ahead.
                                                     Digitalisation will be the way forward in this ‘new normal’ of air travel.
                                                     We have moved a significant portion of our processes online and
                                                     accelerated our digitalisation efforts to ensure our staff can operate
        Malaysia Airlines Berhad has weathered the   remotely and flexibly as a business.
        upheavals of the COVID-19 pandemic, which
        resulted in a 96 per cent reduction in flight   If the pandemic had taught us anything, it would be the strength of
        capacity.In an exclusive interview with Atul   our people, agility, adaptability and resilience that has put us in a
        Chandra, Ahmad Luqman Mohd Azmi, Group       brighter position where many others are still fighting to stay afloat.
        Chief Operations Officer of Malaysia Airlines   Even now, as borders globally reopen, we are faced with an onset of
        Berhad outlines the steps taken to ensure    challenges; including pressure on fuel cost and forex. While we are
        Groups survival in a tough operating environ-  bullish for 2022, we remain cautious of the environments and will
        ment. “Our goal with the long-term business   deploy fleet and network expansion opportunistically during peak
        plan 2.0 (LTBP 2.0) taking shape is to provide   periods to service high demand/capacity sectors.
        customised, end-to-end solutions for the travel
        ecosystem for enhanced connectivity and      What are most important changes that the pandemic will
        improved customer experience through our air-  have on customer preferences for air travel?
        lines and non-airlines businesses,” Azmi said.   COVID health-related rules and requirements remain a barrier for
        “We are gradually increasing our frequency and   travel. According to IATA, 73%* of survey respondents who had
        network to achieve more than 70 per cent of   travelled since June 2020 found it challenging to understand what
        pre-COVID-19 capacity for domestic and inter-  rules applied for a trip and said COVID-19 paperwork was challenging
        national travel by the end of 2022,” he added.
                                                     to arrange. Travellers want simplified health protocols – where the
                                                     current travel experience needs to improve with better informa-
        Edited Excerpts of the interview
                                                     tion, simpler processing, and digital solutions. As nations progress
                                                     towards full reopening of their borders, it’s crucial that we work hand
        What was the impact of the pandemic          in hand to simplify the travel process to take the hassle of travelling.
        on Malaysia Airlines operations and what     Thus Governments, aviation bodies and airlines must work hand in
        were the most challenging aspects?           hand to facilitate and prioritize simplified, safe and seamless travel
        As we’ve seen for the past two years, nothing  experiences as part of the ‘ingredient’ to spur recovery of air travel
        can truly prepare us for the uncertainties ahead  and tourism.  Customer behaviour and demand patterns will also
        – especially when it comes to travel demand,  continue to change, as more will demand flexibility as a core service
        industry capacity and changing market environ-  attribute to account for unforeseen travel circumstances. In this
        ments. For airlines in particular, COVID had   regard, safety and security will become core in instilling consumer


         22 June_July 2022                                                         WWW .GBP .COM.SG/ AAA
   17   18   19   20   21   22   23   24   25   26   27