Malaysia Airlines Orders 25 Boeing 737 MAX 8 Aircraft

Malaysia Airlines has ordered 25 Boeing 737 MAX 8 airplanes, valued at US$2.75 billion dollars at current list prices.

The order also includes purchase rights for additional 737 MAX 8 and 737 MAX 9 airplanes.

"This deal is a game-changer for Malaysia Airlines with much lower costs and greater efficiency which we will pass on to our loyal customers with lower fares," said Malaysia Airlines Chief Executive Officer, Peter Bellew. "With the 737 MAX's longer range capabilities, we will be able to connect our passengers to more destinations, in greater comfort and with superior economics."

The Malaysian national carrier has operated almost every derivative of the 737 airplane family and took delivery of its 100th 737 in December 2014. Malaysia Airlines currently operates 56 B737-800s.

"Malaysia Airlines is now on a path to growth across the ASEAN region," said Bellew. "This new aircraft order will set the stage for our continued recovery and success into the next decade."

The Boeing 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver improved efficiency, reliability and passenger comfort.

See other recent news regarding: Malaysia Airlines, Boeing, Malaysia