Boeing Aircraft Acquisition Strengthens Malaysia's Position In Global Aviation Industry

KUALA LUMPUR, March 22 (Bernama) -- Malaysia Aviation Group’s (MAG) purchase of new Boeing aircraft is an investment which will strengthen Malaysia’s position as a key player in the global aviation industry.

Investment, Trade and Industry Minister, Tengku Zafrul Abdul Aziz said the acquisition also supports Boeing Composites Malaysia (BCM), a manufacturer of Boeing aircraft structures in Malaysia which currently employs 1,000 Malaysians.

“This aligns with Malaysia’s aspiration to become a regional aerospace hub by 2030,” he said in a social media post Saturday. 

On Friday, MAG announced the acquisition of 30 new aircraft directly from Boeing as part of its fleet modernisation strategy. 

The order includes 18 Boeing 737-8 and 12 Boeing 737-10 aircraft powered by the CFM LEAP-1B engines, with the option for 30 more 737 aircraft. 

MAG Group managing director Captain Izham Ismail said the 737-8 and 737-10 selection reflects a careful evaluation of its long-term growth strategy, ensuring the airline has the right aircraft to meet evolving market demands. 

-- BERNAMA