Malaysia Aviation Group to Procure A330neo Aircraft For Fleet Modernization

September 2022

Malaysia Aviation Group (MAG), the parent firm of Malaysia Airlines, inked a memorandum of understanding in August 2022 with Airbus, Rolls Royce, and Avalon for its modern fleet program. The initial agreements will comprise the acquisition of 20 new Airbus 330-900 (A330neo) aircraft powered by Rolls-Royce Trent 7000 engines, with 10 to be purchased directly from Airbus and the remaining to be leased from Avolon.

MAG’s fleet renewal is seen as a critical component of its broader sustainability plan, which includes being the forerunner in Malaysia for the use of sustainable aviation fuel. MAG Chief Executive Officer, Captain Izham Ismail stated that the latest procurement is a natural transition from its existing A330ceo fleet and will gradually operate in its existing network throughout Asia, Oceania, and the Middle East. The agreement also includes the purchase of spare Trent 7000 engines and engine maintenance services from the Rolls-Royce TotalCare Agreement. Delivery is scheduled from the third quarter of 2024 until 2028.

Transport Minister Datuk Seri Dr Wee Ka Siong stated the country is currently focusing on sustainable aviation to support the broader decarbonization efforts and fulfill global targets. Dr Wee also stated that the regulator for air traffic control Malaysia will be launching a shortened standard instrument departure and standard terminal arrivals for its major airport, Kuala Lumpur International Airport (KLIA) to lessen carbon footprint and enhance efficiency as the air navigation service provider.

(Sources: The Star Online; The Reuters)

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