Business & Finance
Malaysia's MAS exercises option to buy 10 Boeing 737-800
KUALA LUMPUR : Malaysian Airline System (MAS), the country's national airline, said on Tuesday it has exercised an opt
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The airline said the order was valued at more than $800 million at current list prices, and was previously posted on the Boeing orders and deliveries website, attributed to an unidentified customer.
"The option we exercised today marks another step in Malaysia Airlines' mission to strengthen and build upon the airline's award-winning service and passenger value," MAS' managing director and chief executive officer Azmil Zaharuddin said in the statement.
The announcement was made at the Paris Air Show.
MAS said it still has purchase rights for another 10 737-800s from its contract signed in 2008.
Copyright Reuters, 2011