Malaysia Airlines Berhad (MAB) has exercised the lease option for a 12-year lease agreement for an additional two new Airbus A350-900s with Air Lease Corporation (ALC).
The transaction is pursuant to the option provided under the existing Lease Agreement for the four A350-900s signed by both parties in September last year.
Powered by two Rolls Royce Trent XWB-84 engines, the A350 aircraft are from ALC’s order book with Airbus and will be delivered in 2018.
Malaysia Airlines Berhad’s chief executive officer Christoph Mueller said, “The additional two Airbus A350-900s will complement the existing four (4) that is on order to reach a critical fleet size, allowing standby aircraft for any scheduled maintenance and enabling future network expansion.
“Technological and innovative advancements make flying this aircraft a real pleasure and it will bring a whole new experience to our offerings, with the aircraft able to operate non-stop from Kuala Lumpur to London and throughout Asia.”
Steven F. Udvar-Házy, Air Lease Corporation’s chairman and chief executive officer, added: “ALC couldn’t be more pleased to place these two additional aircraft with Malaysia Airlines Berhad.
“In addition to the four A350-900s placed by ALC last year, we are confident that these two additional A350-900 aircraft will further maximize Malaysia Airlines’ business operations as well as global growth.”