KUALA LUMPUR – Prime Minister Datuk Seri Anwar Ibrahim said that Malaysia Aviation Group’s (MAG) commitment to growth is reaffirmed with its order for 30 Boeing 737 aircraft. The deal, which includes 18 Boeing 737-8 and 12 Boeing 737-10 models powered by CFM LEAP-1B engines, also comes with an option to purchase an additional 30 aircraft for delivery by 2030.
Speaking at the Document Exchange Ceremony for MAG’s Narrowbody Aircraft Replacement Order, Anwar described the investment as a strategic move that will modernise the fleet while reinforcing Malaysia’s status as a key player in global aviation, Bernama reported.
“This milestone is not just about upgrading our aircraft but about fortifying our economic foundation in an increasingly competitive world. Aviation has long been a catalyst for economic progress, opening doors to trade, tourism, and new opportunities,” he said.
The prime minister emphasised that MAG’s investment underscores its long-term vision for the aviation industry, benefiting businesses and individuals across Malaysia. He also highlighted Malaysia Airlines’ enduring role as a national icon that represents Malaysia on the world stage while embodying the nation’s core values of progress, fairness, and social harmony.
In conjunction with the announcement, Boeing Global president Brendan Nelson revealed that the aerospace giant will increase its Malaysian workforce by 20% over the next two years as part of an expanded partnership with MAG.
Boeing, which operates its only Southeast Asian manufacturing plant in Kedah, currently employs over 1,000 Malaysians and plays a key role in the country’s aerospace supply chain.
“The historic announcement today builds on Malaysia Airlines’ standing and focuses on its future. The group is also considering acquiring larger widebody planes to expand its global reach,” Nelson said.
Highlighting the region’s growth potential, he noted that Boeing projects demand for 4,700 new aircraft in Southeast Asia over the next two decades.
“The growth is enormous, and let’s not forget that 80% of people worldwide have yet to board a plane,” he added.
Nelson underscored Boeing’s long-standing collaboration with Malaysia Airlines, saying that it extends beyond commercial dealings. He emphasised that Boeing’s Kedah facility contributes to every Boeing aircraft globally and that the company remains committed to expanding its presence in Malaysia.
Anwar welcomed Boeing’s workforce expansion, stating that Malaysia’s aviation sector is poised for recovery and sustained growth. He noted that MAG’s investment will not only enhance travel efficiency and technological advancements but also create jobs, drive tourism, and strengthen industries linked to aviation.
“The ripple effect will be felt across our economy, creating new opportunities for businesses and individuals alike,” Anwar concluded.
The ceremony also featured a symbolic document exchange between MAG, Boeing, and CFM International, witnessed by Transport Minister Anthony Loke, Investment, Trade and Industry Minister Datuk Seri Zafrul Tengku Abdul Aziz, Khazanah Nasional managing director Datuk Amirul Feisal Wan Zahir, and Malaysia Aviation Group managing director Datuk Captain Izham Ismail. – March 21, 2025