Bellew: MAS try­ing to land best deal

New Straits Times - - Business | News -

KUALA LUMPUR: Malaysia Air­lines Bhd (MAS) is look­ing to buy up to 30 new Air­bus A330neo or Boe­ing 787 jets, with rep­re­sen­ta­tives of both air­craft man­u­fac­tur­ers court­ing the na­tional car­rier over a sale worth as high as US$7 bil­lion (RM30.1 bil­lion) based on list prices.

The or­der could be pre­ceded by lease agree­ments for up to a dozen used A330 or Boe­ing 777 jets, ac­cord­ing to a re­port by Aus­tralian Busi­ness Trav­eller.

“It’s go­ing well, we have a very good of­fer, but the prices aren’t good enough yet — we still think there’s more work to be done on that,” MAS chief ex­ec­u­tive of­fi­cer Peter Bellew told the Aus­tralian por­tal dur­ing a brief­ing in Syd­ney.

Bellew said MAS was in ac­tive ne­go­ti­a­tions with both Air­bus and Boe­ing to get a good deal.

He hoped to visit Bris­bane Air­port to be­gin pre­lim­i­nary dis­cus­sions about restart­ing flights to Bris­bane.

The re­port said the de­liv­ery sched­ules of the planes were also in­cluded in the dis­cus­sion, as the air­line in­tended for about 15 new jets to re­place older air­craft in the fleet, with the rest ear­marked for ex­pan­sion.

Mean­while, MAS was cast­ing around for the lease of up to a dozen used A330 or Boe­ing 777 air­craft, some of which would be used to re­sume flights be­tween Bris­bane and Kuala Lumpur, as well as to add new routes into sec­ondary Chi­nese cities.

It was also re­ported that the air­line would be up­grad­ing planes for pop­u­lar routes such as In­dia, Bali and Hong Kong from the cur­rent Boe­ing 737.

The Aus­tralian por­tal said MAS would also take de­liv­ery of 10 new Boe­ing 737 MAX 10 jets, which would have new fully-flat busi­ness-class seats with di­rect aisle ac­cess sup­plied by Thompson Aero, from 2021.

PIC BY ROSELA IS­MAIL

Malaysia Air­lines chief ex­ec­u­tive of­fi­cer Peter Bellew says Air­bus and Boe­ing of­fi­cials are court­ing the na­tional car­rier over a sale worth as high as US$7 bil­lion.

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