Boeing (NYSE: BA) shares were ahead of the game Friday, as the plane maker and Malaysia Aviation Group today announced an order for 18 737-8 and 12 737-10 single-aisle jets to renew Malaysia Airlines’ fleet with more fuel-efficient airplanes. The order, which booked in January 2025 and was posted as unidentified on Boeing’s orders and deliveries website, will enable Malaysia’s flag carrier to introduce new lie-flat seats and meet growing travel demand in Southeast Asia – one of the fastest-growing commercial aviation markets.
The region’s airplane fleet is projected to grow nearly 250% over the next 20 years, underscoring the importance of Malaysia Aviation Group’s investment in the 737-8’s versatility and the 737-10’s capacity as the largest member of the 737 MAX family.
“This is a significant investment for Malaysia Aviation Group, enabling us to deliver cutting-edge premium cabin offerings and state-of-the-art technology to our customers,” said Izham Ismail, group managing director of Malaysia Aviation Group. “The addition of these new airplanes will not only enhance our fleet’s efficiency and increase seating capacity, but allow us to elevate the overall inflight experience, with our passengers’ needs at the forefront.”
The Boeing 737 has served as the backbone of Malaysia Airlines’ single-aisle fleet for nearly 60 years following the introduction of its first 737-100 in 1969. Malaysia Airlines has since operated nearly every variant of the 737 family and will continue that legacy with this latest order for the 737 MAX.
BA shares grabbed $2.68, or 1.6%, to start Friday trading at $175.51
