Malaysia Airlines buys engines worth US$630 mil

Passenger planes of Malaysia's national flag carrier, Malaysian Airline System Bhd (MAS), sit in the tarmac at Kuala Lumpur International Airport in Sepang, outside Kuala Lumpur, Malaysia, Wednesday, Dec. 6, 2006. National carrier Malaysia Airlines will embark on a massive exercise to improve service, match rivals' lowest fares, and revamp its ticketing process to catch up with regional foes Cathay Pacific and Singapore Airlines, its chief executive said Wednesday. (AP Photo/Vincent Thian)

PUTRAJAYA – Malaysia Airlines Berhad (MAB) has confirmed its order of Leap-1B engines to power 25 of its Boeing 737 MAX aircraft.

The order was signed between MAB Group managing director and CEO Peter Bellew and CFM International Asia Pacific sales general manager Chris Drewer. The signing was witnessed by Prime Minister Datuk Seri Najib Abdul Razak, International Trade and

Industry Minister Datuk Seri Mustapa Mohamed, MAB chairman Tan Sri Nor Mohd Yusof and chairman and CEO of Genera Electric (GE), parent company of CFM, Jeff Immelt. The order is valued at more than US$630 million (RM2.6 billion) at list price and delivery is scheduled for 2020. – Sundaily