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Malaysia Aviation Group Explores Boeing Acquisitions Amid China Slowdown

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Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, is reportedly in discussions with Boeingto acquire commercial aircraft that may become available if Chinese airlines cancel or defer their orders. The strategic interest comes amid increasing signs that several Chinese carriers may halt or reduce new aircraft deliveries due to geopolitical and economic pressures.

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Malaysia Aviation Group Reports 93% Profit Drop For 2024

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Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has reported a 93% decline in its 2024 net profit, citing the dual impact of lower average airfares and capacity constraints driven by global supply chain and maintenance issues. The carrier posted a net profit of $12 million, down sharply from the prior year.

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Malaysia Airlines Receives Two B737-8 Aircraft

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Malaysia Airlines has expanded its fleet with the delivery of two Boeing B737-8 aircraft, further strengthening its narrowbody operations. The aircraft, identified by serial numbers 43341 and 66376, are both leased and powered by LEAP-1B27 engines, manufactured by CFM International.

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Malaysia Airlines Receives New Boeing 737-8, Serial Number 66368

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Malaysia Airlines has expanded its fleet with the addition of a new Boeing 737-8, serial number 66368, powered by LEAP-1B27 engines. This aircraft, registered as 9M-MVA, marks a significant milestone in the airline’s fleet modernization efforts.

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MASwings Valuation Key to Sarawak’s Acquisition Plans

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MASwings, a Malaysian regional airline, is moving closer to a potential acquisition by the Sarawak state government. Premier Abang Johari Openg announced that a thorough asset valuation must first be conducted before the state can fully proceed with the acquisition. A third-party audit has been commissioned to determine the airline’s appropriate value, with the goal of completing the acquisition…