Malaysia Airlines to acquire 20 Airbus A330neos - sources
Reuters
Published Aug 10, 2022 09:50
Updated Aug 10, 2022 10:21
PARIS/SYDNEY (Reuters) -Malaysia Airlines is poised to announce a deal next Monday to acquire 20 Airbus A330neo wide-body jets, industry sources said on Wednesday.
Chief Executive Izham Ismail said in June the airline was nearing a decision on replacing its earlier-model A330 fleet, and Reuters last month reported that the upgraded A330neo had been selected as the preferred model.
The deal to replace 15 A330-300s and six A330-200s is likely to involve leasing around half of the upgraded A330neo planes and purchasing the rest directly from Airbus, said two of the sources, who were not authorised to speak publicly.
Malaysia Airlines and Airbus declined to comment.
Malaysia Airlines has Airbus A330s and A350s in its long-range fleet and had placed a provisional order for competing Boeing (NYSE:BA) 787s in 2017, but let the deal lapse.
The fleet upgrade comes amid signs of a pick-up in demand for wide-body jets after a lengthy downturn.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.