Malaysia Airlines Mulls Doubling Boeing 737 Max Order, Japanese Airline Plans Adding 737s To Fleet

Japanese airline, Skymark plans to add up to 12 Boeing Co's BA 737 MAX airplanes as part of its fleet modernization efforts.
The carrier intends to order four airplanes, including the 737-8 and 737-10 variants, with options for two additional jets.
Separately, the airline will add six lessor-owned 737-8s to its fleet.
Tokyo-based Skymark Airlines is Japan's third largest carrier by revenue and currently operates an all-Boeing fleet of 29 Next-Generation 737-800s.
Read Next: Boeing's Jeppesen Unit Sees Potential Ransomware Attack, Causes Flight Planning Disruptions.
In an annual meeting of the Association of Asia Pacific Airlines, the CEO of Malaysia Airlines, Izham Ismail, said the airline is considering ordering 25 single-aisle jets, probably Boeing 737 Max, on top of an existing firm order for 25.
"Our future network requires 50 narrowbody aeroplanes, so we have still got space for 25," Izham said. "We have to make some decision by next year."
Deliveries from the existing Max order are due to begin in 2024. Bloomberg reported that an order for 25 Max costs about $1.2 billion, based on prices compiled by aircraft appraiser Avitas Inc.
Price Action: BA shares are up 0.18% at $169.05 during the premarket session on the last check Thursday.
Photo via Wikimedia Commons

Momentum82.95

Growth12.23

Quality-

Value26.62

Short

Medium

Long