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Malaysia Airlines inks long-term lease agreements with ALC

byCT Report
11/09/2015
in Uncategorized
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KUALA LUMPUR: Malaysia Airlines Bhd (MAB) and Air Lease Corp (ALC) have signed long-term lease agreements for four new Airbus A350-900s.

Powered by two Rolls Royce Trent XWB-84 engines, the A350-900 aircraft were from ALC’s order book with Airbus and would be delivered between the fourth quarter of 2017 and second quarter of 2018, MAB said in a statement.

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The transaction also include a lease option for two additional A350-900s and two A330-900neo aircraft.

“We are excited to have this aircraft as part of our fleet. The A350 is the most technologically advanced aircraft and we are confident that it will deliver exceptional passenger comfort and improve the overall efficiency of our fleet,” MAB chief executive officer Christoph Mueller said.

Meanwhile, ALC chairman and CEO Steven F. Udvar-Hzy said the company looked forward to building a strong long-term relationship with MAB.

“ALC is honoured to welcome MAB as our newest valued customer. We are confident that these aircraft will maximise MAB’s operations to help grow its business while simultaneously reducing its operating costs and emissions,” Udvar-Hzy said.

 

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