Malaysia Airlines nears deal for Airbus A330neos


Sources told Reuters that the A330neo (pic) had been selected as the preferred model.

Malaysia Airlines is nearing a deal for Airbus SE AIR.PA A330neos to replace its fleet of 21 earlier-model A330s, two sources familiar with the matter said.

Malaysia Airlines Chief Executive Izham Ismail said last month that the carrier was looking to make a decision on a one-for-one replacement of its A330 fleet by mid to late July.

At the time, he declined to say whether the airline would order the planes, meant to replace 15 A330-300s and six A330-200s, from a manufacturer directly or from lessors.

Malaysia Airlines has A330s and A350s in its fleet and had placed a provisional order for Boeing Co BA.N 787s in 2017 but let the deal lapse.

The sources, who could not be named because they were not authorised to speak publicly about the matter, told Reuters that the A330neo had been selected as the preferred model.

A Malaysia Airlines spokesperson said on Wednesday that the carrier had not yet made a decision on an A330 replacement.

"We are still going through the process," the spokesperson said.

The fleet modernisation plan designed to help lower carbon emissions comes as the airline, which was loss-making for years even before the pandemic, has been reporting positive cashflow since October.

An Airbus spokesperson did not respond immediately to a request for comment.- Reuters

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

Airbus , A330Neo , Malaysia Airlines ,

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
CIMB Securities eyes larger market share
InNature diversifies into the F&B industry
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
New capacity in the pipeline
Inari switches gear to remain relevant
March industrial production index up 2.4%, but below forecast

Others Also Read