Wednesday 27 July 2016

Malaysia Airlines orders Boeing 737 MAX jets in $5.5 billion deal


Wed Jul 27, 2016 6:53am BST

National carrier Malaysia Airlines said on Wednesday it had ordered 50 Boeing (BA.N) 737 MAX jets, with firm orders on 25 and rights to purchase 25 more.
At list prices, the total order of long-range narrow body aircraft was worth $5.5 billion, the airline said in a statement. Deliveries will begin in 2019.
The new planes will cut operating costs, Chief Executive Peter Bellew said.
(Reporting by A. Ananthalakshmi; Writing by Praveen Menon; Editing by Clarence Fernandez)

http://uk.reuters.com/article/us-malaysia-airline-orders-idUKKCN1070H0


Malaysia Airlines orders up to 50 737 Max jets


27 JULY, 2016  BY: ELLIS TAYLOR  PERTH
Malaysia Airlines has placed a firm order for 25 Boeing 737 Max aircraft, and taken options on a further 25.
The deal is valued at $5.5 billion at list prices, with deliveries set to commence in 2019. The carrier will take a mix of 737 Max 9s and 8s, but did not provide a breakdown on how many of each variant.
They CFM International Leap-1B-powered aircraft are expected to gradually replace its fleet of 56 737-800s.
“This deal is a game-changer for Malaysia Airlines with much lower costs and greater efficiency which we will pass on to our loyal customers with lower fares,” says chief executive Peter Bellew.
Malaysia Airlines has signalled that it intends to fit the aircraft with slimline seats and wi-fi connectivity.
Bellew adds that the the embattled carrier has turned a corner and is now on a growth path across southeast Asia.
“This new aircraft order will set the stage for our continued recovery and success into the next decade,” he says.

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