As part of its ongoing fleet modernisation plan, Malaysia Aviation Group (MAG) is set to induct 12 new aircraft in 2024, including its first Airbus A330-900 which is scheduled to arrive in Q3 2024. The Group is looking to receive four of the new aircraft type this year, alongside eight of the Boeing 737-8 aircraft to support its network growth requirements.
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In August 2022, MAG signed Memorandum of Understandings (MOU) with Airbus, Rolls-Royce and Avolon for the acquisition of 20 A330neo aircraft which are scheduled to be delivered through to 2028. 10 of the aircraft are directly purchased from Airbus with a back-to-back sale and leaseback arrangement with Avolon, while the remaining 10 are leased directly from Avolon.
The A330neo will have 297 seats: 28 in Business Class and 269 in Economy Class.
“We are excited to induct the first of 20 Airbus A330neo’s in Q3 of this year, which will gradually replace our A330ceo fleet and operate to our network across Asia, Oceania, and the Middle East. This expansion is not just about increasing our inventory in numbers but also introducing the first-of-its-kind cabin class, new seats and experiences that prioritises customer safety, comfort and overall satisfaction”, Datuk Captain Izham Ismail, Group Managing Director of MAG, said.
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