What Happened
Supply Chain Issues Disrupt Expansion Plans And Revenue Growth
Malaysia Airlines is experiencing delays in aircraft deliveries, which may disrupt its expansion plans and impact its future earnings. According to the airline’s president and group CEO, Captain Nasaruddin A Bakar, supply chain issues are affecting deliveries from both Airbus and Boeing. The airline has forward bookings based on expected aircraft availability, and significant cuts to flight capacity could affect its earnings. The news was reported by an unknown source.