Malaysia Airlines to buy 50 Boeings
Published on: Thursday, July 28, 2016
Kuala Lumpur: Malaysia Airlines Berhad (Malaysia Airlines) on Wednesday announced plans to purchase 50 Boeing aircraft for $5.5 billion as it continues efforts to recover from devastating twin disasters in 2014.Malaysia's national flag carrier said it had placed firm orders for 25 Boeing 737 MAX jets and had purchase rights for another 25. Deliveries are to commence in 2019.New CEO Peter Bellew said the purchase of the aircraft, which are known for their fuel efficiency, would aid the airline's recovery.
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"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," Bellew said in announcing the deal.Malaysia Airlines currently operates 56 Boeing 737-800s as well as smaller numbers of Airbus aircraft.The devastating MH370 and MH17 disasters in 2014 pushed the perennially loss-making airline to the brink of bankruptcy as bookings dried up.Stay up-to-date by following Daily Express’s Telegram channel.
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Debris found in the Indian Ocean has confirmed the Boeing 777 went down but the reasons are unknown. –AFP
