Malaysia Airlines adds 2 leased A350s

Malaysia Airlines has exercised the lease option for 2 additional new Airbus A350-900s with Air Lease Corp under a 12-year agreement. The transaction is pursuant to the option provided under an existing lease agreement for 4 A350-900s signed in Sept 2015. The A350 aircraft are from ALC’s order book with Airbus and will be delivered in 2018. MAB CE Christoph Mueller sees the two additional aircraft as a strategic transaction for the carrier. “The additional 2 Airbus A350-900s will complement the existing 4 that are on order to reach a critical fleet size, allowing standby aircraft for any scheduled maintenance and enabling future network expansion,” Mueller said. The airline has completed the retirement of its Boeing 777-200s and is scheduled to take the first A350-900 in Oct 2017. <br/>