The FINANCIAL — Malaysia Airlines Berhad, Kuala Lumpur, and Airpas Aviation, Braunschweig – Germany, have just announced the beginning of a long term relationship.
The award winning network carrier has opted for Airpas’ unique cost management solution to meet the ongoing challenges by controlling and cutting its Direct Operating Costs (DOCs).
Malaysia Airlines CEO Christoph Müller states that Airpas will support MAB on its way back into profitability by streamlining processes, enabling centralized control of the carrier’s contracts, budget and debit and by cutting overspends significantly. Furthermore, MAB will use the Airpas solution to change internal processes from station management all the way to procurement and finance.
Airpas has been the market leader in cost management and route profitability solutions for over 12 years now and has helped airlines like Emirates and Ryanair to effectively control their DOCs and manager their financial processes, according to Malaysia Airlines.
Reinhold Renger, CEO of Airpas Aviation says “We are proud to welcome Malaysia Airlines as our first customer in South-East-Asia underlining our focus on growth in this important region. It confirms great confidence in our software and consultancy expertise and in the profitable investment airpas stands for.”
The Oneworld member is expected to turn its first profit by 2017, going through an intense restructuring plan that included a relaunch of the carrier on September 1st.