Malaysia signs $1.47 billion aircraft deal with Bombardier for new airline

Reuters - March 16th, 2015

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The announcement, made in the presence of Prime Minister Najib Razak at the Langkawi International Maritime and Aerospace (LIMA) exhibition, included an option to buy 20 more aircraft, taking the deal value up to $2.94 billion.

The new airline will be based out of Johor Bahru, Johor and Kota Kinabalu, Sabah.

(Reporting by Praveen Menon; Editing by Christopher Cushing)

FILED UNDER: Deals Aerospace & Defense

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