Malaysia Airlines announces RM22.4b aircraft deal
27 Jul 2016 / 15:33 H.
Bellew seen here with the model of the Boeing 737 MAX aircraft, at a press conference held earlier today.
PUTRAJAYA: Malaysia Airlines Bhd has announced an order for 50 Boeing 737 MAX aircraft valued at US$5.5 billion (RM22.4 billion) at current list prices.
The deal consists of 25 firm orders and 25 purchase rights.
Deliveries of a mix of Boeing 737 MAX 9 and Boeing 737 MAX 8 aircraft will commence in 2019.
CEO Peter Bellew said the deal is a game-changer for Malaysia Airlines with much lower costs and greater efficiency, which will be passed on to customers with lower fares.