Malaysia Air orders 25 Boeing 737 MAX 8s
Malaysia Airlines has ordered 25 Boeing 737 MAX 8s, and purchase rights for another 25, in a deal worth up to USD$5.5b at list prices. The new aircraft will reduce operating costs and their longer range will allow the airline to fly to more destinations, CE Peter Bellew said. This is the first major decision by the ailing carrier since Bellew took over from former CE Christoph Mueller July 1. The new planes will replace some of the airline's 56 Boeing 737-800s. The carrier was taken private by state-fund Khazanah following twin disasters as part of a restructuring plan, which included a shrinking of its network. Since then, the airline has cancelled all non-stop flights to Europe except those to London and ended several low-yield Asia-Pacific services. Bellew said the airline was aiming to tap capital markets by March 2019. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-07-28/oneworld/malaysia-air-orders-25-boeing-737-max-8s
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Malaysia Air orders 25 Boeing 737 MAX 8s
Malaysia Airlines has ordered 25 Boeing 737 MAX 8s, and purchase rights for another 25, in a deal worth up to USD$5.5b at list prices. The new aircraft will reduce operating costs and their longer range will allow the airline to fly to more destinations, CE Peter Bellew said. This is the first major decision by the ailing carrier since Bellew took over from former CE Christoph Mueller July 1. The new planes will replace some of the airline's 56 Boeing 737-800s. The carrier was taken private by state-fund Khazanah following twin disasters as part of a restructuring plan, which included a shrinking of its network. Since then, the airline has cancelled all non-stop flights to Europe except those to London and ended several low-yield Asia-Pacific services. Bellew said the airline was aiming to tap capital markets by March 2019. <br/>
