Purchase fuel efficient aircraft.
2.1.1 Malaysia Airlines
Malaysia Airlines was founded in 1947 with name, Malayan Airways. Then, it was transformed to Malaysian Airways due to Malaysia gaining its independence. After that, it changed its name once more to Malaysia-Singapore Airlines and thereafter ceased its operation. It was then divided into Malaysia Airlines and Singapore Airlines. Operating as a flag carrier of Malaysia, Malaysia Airlines is carrying so many onuses on its back such as unprofitability, lost in competition and more despite on winning many awards in recent years. Few factors contributed to this, comprising network efficiency, load factors, fare factors and splurge expenditures which are, for example, the expensive purchase of paintings circa 2004-2007. It consequently affects the company’s business turnaround profit and contributed in losses in 1997 – 2002, making a little profit between 2002 and 2005 and other losses in 2006 – 2007....