Malaysia Airlines Announce Order for up to 50 737 MAX

Courtesy Boeing

KUALA LUMPUR, Malaysia – Boeing [NYSE: BA] and Malaysia Airlines Berhad (Malaysia Airlines) announced an order for 25 737 MAX 8 airplanes, valued at $2.75 billion dollars at current list prices. The order, previously attributed to an unidentified customer on the Boeing orders…

“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,” said Malaysia Airlines Chief Executive Officer Peter Bellew. “With the 737 MAX’s longer range capabilities; we will be able to connect our passengers to more destinations, in greater comfort and with superior economics.”

The Malaysian national carrier has operated almost every derivative of the 737 airplane family and took delivery of its 100th 737 in December 2014. Malaysia Airlines currently operates 56 737-800s. “Malaysia Airlines is now on a path to growth across the Asean region,” said Bellew. “This new aircraft order will set the stage for our continued recovery and success into the next decade.”

Malaysia Airlines is the national carrier of Malaysia, offering the best way to fly to, from and around Malaysia. Among the few airlines to have won both a Skytrax five-star rating and World’s Best Cabin Crew award, Malaysia Airlines takes our 40,000 guests daily on memorable journeys inspired by Malaysia’s diverse richness.

Source Boeing / Edited By Airline Adviser 07/29/16