Malaysia Airlines has signed a
provisional agreement to acquire 20 Airbus A330neos to
replace its aging fleet of A330 widebody jets in a deal that
also involves aircraft leasing giant Avolon.
The airline will buy 10 of the planes from Airbus and then
execute a sale-and-leaseback deal with Avolon, with the other 10
leased directly from Avolon, the carrier said on Monday.
(Reporting by Jamie Freed in Sydney
Editing by David Goodman