Boeing lands $5.5b Malaysian order

Boeing Co won an order for 25 737 MAX jets from Malaysia Airlines Bhd, as the Southeast Asian nation's flag carrier expands its fleet for the first time since two fatal air crashes in 2014 prompted the government to take over the company.

The operator also has options for 25 more, with the combined deal valued at $5.5 billion including the options, the airline said in a statement on Wednesday. Deliveries from the Chicago-based manufacturer are set to start in 2019. The New Straits Times earlier reported the impending order.

The order is for a mix of 737 MAX 8 and 9 models, which, according to Boeing, have a list price of $110 million and $116.6 million each.