Wednesday 27 July 2016

Malaysia Airlines places order for 25 new aircraft

MALAYSIA A330-323 9M-MTN (CN 1470)                File Photo

I was very pleased when I found this story as it shows Malaysia Airlines is recovering its recent disasters.

KUALA LUMPUR - Boeing won an order for 25 B737 Max jets from Malaysia Airlines as the flag carrier expands its fleet for the first time since two fatal air crashes in 2014 prompted the government to take over the company.
Deliveries from the Chicago-based manufacturer are set to start in 2019, and the operator has options for 25 more of the aircraft, the airline said in a statement.
The addition to its fleet may help Malaysia Airlines, which is in the midst of a 6 billion-ringgit (S$2.03 billion) business overhaul, compete against a slew of budget carriers in the region.
Passenger confidence in the carrier, now fully owned by sovereign wealth fund Khazanah Nasional, took a dive two years ago after Flight MH370 vanished on March 8, 2014 and another was shot down over Ukraine four months later.

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