Malaysia Airlines to buy 55 Boeing planes for $3 bn: Report
National carrier Malaysia Airlines has agreed to purchase 55 narrow-body aircrafts from the US-based Boeing for 9.6 billion ringgit (3.0 billion dollars) a news report said on Monday.
By Agencies |
KUALA LUMPUR: National carrier Malaysia Airlines has agreed to purchase 55 narrow-body aircrafts from the US-based Boeing for 9.6 billion ringgit (3.0 billion dollars) a news report said on Monday.
The Boeing 737-800 series costs about 70 million dollars each but Malaysia Airlines, being a bulk buyer, could receive a discount on the price, The Edge Financial Daily said, citing sources from the industry.
It said the national carrier would probably seal the deal for the Boeing planes, ending months of speculation on which plane manufacturer it would choose for its aircraft acquisition program to replace its existing fleet.
The airline opted for Boeing due to technical reasons, the report said. It said the planes would also help Malaysia Airlines achieve record profits under its recovery plan. It broke back into the black last year.
The French-based Airbus last Thursday had also submitted an updated proposal to supply the airline with about 50 narrow-body aircrafts -- A320s and A321s -- for a list price of about 70 to 80 million dollars each.
Malaysia Airlines is expected to make an announcement on the deal soon, an official said.
The Boeing 737-800 series costs about 70 million dollars each but Malaysia Airlines, being a bulk buyer, could receive a discount on the price, The Edge Financial Daily said, citing sources from the industry.
It said the national carrier would probably seal the deal for the Boeing planes, ending months of speculation on which plane manufacturer it would choose for its aircraft acquisition program to replace its existing fleet.
The airline opted for Boeing due to technical reasons, the report said. It said the planes would also help Malaysia Airlines achieve record profits under its recovery plan. It broke back into the black last year.
The French-based Airbus last Thursday had also submitted an updated proposal to supply the airline with about 50 narrow-body aircrafts -- A320s and A321s -- for a list price of about 70 to 80 million dollars each.
Malaysia Airlines is expected to make an announcement on the deal soon, an official said.
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