Sept 13, 2017: Boeing has signed a Memorandum of Understanding with Malaysia Airlines Berhad (Malaysia Airlines) for 16 airplanes during a ceremony at the St. Regis Hotel in Washington D.C.
The signing was witnessed by Dato' Mustapa bin Mohamed, Malaysian Minister of International Trade and Industry and in the presence of The Honorable Dato' Muhammad Najib Bin Tun Abdul Razak, Prime Minister of Malaysia as well as members from the airline and Boeing.
The contract includes eight 787-9 Dreamliners by converting eight of Malaysia Airlines' existing order of the Boeing 737 MAX aircraft and eight additional purchase rights of the 737 MAX 8s as well as Boeing's Global Fleet Care service to maintain the national carrier's existing and future Boeing airplanes.
"Malaysia Airlines is proud to sign this MOU for the widebody Boeing 787-9 Dreamliners and additional 737 MAXs, building on our more than 40 years of partnership with Boeing," said Peter Bellew, managing director and chief executive officer of Malaysia Airlines. "New widebody aircraft are a key to making Malaysia Airlines a premium airline offering a five star product again. The extraordinary range of the 787-9 gives an ability to operate to any point in Europe and some USA destinations in the future from Kuala Lumpur. The MOU with Boeing on their Global Fleet Care program will allow the two companies to build a world class MRO for the 737 MAX, 787 and 737NG based on Malaysia's existing facilities in Kuala Lumpur."
Malaysia Airlines currently operates more than 50 Next-Generation 737s and has an additional 25 737 MAXs on order, including 10 for the new 737 MAX 10.
"Boeing offers the very best widebody and single aisle airplanes in the world and we are delighted Malaysia Airlines continues to put its trust and confidence in Boeing with this MOU for 16 Boeing airplanes," said Kevin McAllister, president and CEO, Boeing Commercial Airplanes. "The 787 and the 737 MAX will provide Malaysia Airlines with unmatched fuel efficiency, economics and a superior passenger experience as they continue to grow their business across Southeast Asia and beyond."