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Putrajaya, 15 August 2022: The Malaysia Aviation Group (“MAG” or “the Group”) today signed Memorandums of Understanding (MoU) with Airbus, Rolls-Royce and Avolon for the acquisition of 20 new Airbus 330-900 (A330neo) aircraft powered by Rolls-Royce Trent 7000 engines. A total of 10 aircraft are directly purchased from Airbus with a back-to-back sale and leaseback arrangement with Avolon, while the remaining 10 are leased directly from Avolon.
The Board of Directors (Board) of Malaysia Aviation Group (MAG) and Malaysia Airlines Berhad (MAB) today announced Captain Izham Ismail as Executive Director and Group Chief Executive Officer (GCEO) designate with immediate effect.