Malaysia Airlines will acquire 20 long-haul Airbus A330neo aircraft, half from a lessor and half from the European manufacturer, announced on Monday.
Malaysia Aviation Group (MAG), the parent company of the Malaysian airline, has selected the aircraft as part of its long-haul fleet renewal program, Airbus said in a statement.
The initial agreement covers the acquisition of 20 A330-900s, of which 10 will be purchased from Airbus and 10 leased from Dublin-based Avolon,
” explains the aircraft manufacturer.
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No amount was provided, but the aircraft was worth $296.4 million per unit at a purely indicative list price, according to figures from 2018, the latest published by Airbus.
The price paid by the airlines is actually always much lower.
Already six A350-900s in the company's fleet
The A330neos will join six A350-900s already in the Malaysia Airlines fleet and will gradually replace its 21 conventionally powered A330ceos.
The A330neo - for "
new engine option
" - offers new generation engines that are more fuel efficient.
Airbus and MAG have also signed a letter of intent to explore the possibility of broader collaboration in the area of sustainability, training, maintenance and airspace management, according to the same source.