Malaysia Airlines says going ahead with MoU with Boeing


Career fair for exiting Malaysian Airline System staff on Saturday

KUALA LUMPUR:  Malaysia Airlines Bhd says the memorandum of understanding (MoU) signed in September 2017 with Boeing Co. to increase the number of Boeing planes to be purchased is still in place.

The provisional Boeing deal was announced during Prime Minister Datuk Seri Najib Tun Razak’s US visit in September last year.

The national carrier refuted a report by Reuters entitled: “Malaysia Airlines launches widebody tender process, could oust Boeing 787 deal”.

“Malaysia Airlines wishes to make clear that the story is speculative and erroneous. There is currently no such tender process as alleged and the MoU with Boeing as announced by the Prime Minister remains in place. 

"Malaysia Airlines will not be commenting on this matter further,” it said on Tuesday.

Reuters reported Malaysia Airlines had launched a fresh tender process for 20-30 wide-body jets that could supersede a deal with Boeing Co agreed during a high-profile U.S. visit by Najib last year.

According to the news wire, the carrier's non-binding MoU with Boeing to buy eight long-range 787 jets, valued at $2.25bil at list prices, had come as a surprise given that the national carrier already had an all-Airbus SE wide-body fleet.

While the Boeing 787 is included in the airline’s latest request for information, it has also listed the Airbus A330neo and A350 for consideration, the source with knowledge of the new widebody tender process told Reuters on condition of anonymity. The carrier already has A330s and A350s in its fleet.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Affin sees growth opportunities to productivity, competitiveness in Budget 2027
Expanded co-investment funds can help strengthen SMEs working capital
Drop location pin, please
Amp up meter awareness
Some hotter than others
Stable jobless rate backed by tech, tourism
Two-car race gets hotter
Private equity’s tougher path to riches
Private equity rides megatrends
Riding the choppy 4Q waters

Others Also Read