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

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.  
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  • 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

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