MAS has financial capacity to buy jets - News Summed Up
MAS has financial capacity to buy jets

MAS has financial capacity to buy jets

September 14, 2017 00:45 UTC

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MAS has financial capacity to buy jets


KUALA LUMPUR: Malaysia Airlines Bhd (MAB) has the financial capacity, backed by a solid shareholder in Khazanah Nasional Bhd, to buy the 16 aircraft it has committed with American aircraft maker Boeing, analysts said. They comprise eight 787-9 Dreamliners, by converting eight of MAB’s existing order of the Boeing 737 MAX aircraft, and eight additional purchase rights of the 737 MAX 8s. The deal also includes Boeing’s Global Fleet Care Service to maintain the national carrier’s current and future Boeing aircraft. "We are committed to 25 planes of the 737 MAX 10, plus eight 787 Dreamliners. And there is a strong probability -- not possibility – probability that we will add 25 more 737 MAX 10 in the near future.


Source: New Strait Times September 14, 2017 00:45 UTC



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