Boeing Commercial Airplanes and Malaysia Airlines announced an order for 25 737 MAX 8 airplanes valued at 275 billion dollars at current list prices The order also includes purchase options for 25 additional 737 MAX 8 and 737 MAX 9 aircraft

Malaysia Airlines Order Worth Up to $5.5B to Boeing

July 28, 2016

Boeing Commercial Airplanes will supply up to 50 737 MAX aircraft to Malaysia Airlines, a contract that may be worth $5.5 billion at current list prices if all options are fulfilled. The jet builder noted that the order had been attributed previously to an unidentified buyer.

Robert Brooks

Boeing Commercial Airplanes (Boeing Corp IW500/9) will supply up to 50 737 MAX aircraft to Malaysia Airlines, a contract that may be worth $5.5 billion at current list prices if all options are fulfilled. The jet builder noted that the order had been attributed previously to an unidentified buyer. The deal is structured as a firm order for 25 737 MAX 8 jets, which will be worth $2.75 billion; and options to purchase 25 more 737 MAX 8s and MAX 9, Boeing’s newest aircraft design.

The 737 MAX will be the fourth generation of the single-aisle aircraft series, which Boeing describes as the best-selling commercial jet in history. It will debut in 2017, the 50th anniversary year for the 737 series. Malaysia’s national carrier has operated numerous variants of the 737 family. Currently, it operates 56 737-800s.

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About the Author

Robert Brooks | Content Director

Robert Brooks has been a business-to-business reporter, writer, editor, and columnist for more than 20 years, specializing in the primary metal and basic manufacturing industries. His work has covered a wide range of topics, including process technology, resource development, material selection, product design, workforce development, and industrial market strategies, among others. Currently, he specializes in subjects related to metal component and product design, development, and manufacturing — including castings, forgings, machined parts, and fabrications.

Brooks is a graduate of Kenyon College (B.A. English, Political Science) and Emory University (M.A. English.)