Malaysia Airlines agrees to $3-bn Boeing plane deal

Malaysia Airlines Berhad agreed to buy Boeing Company’s 787-9 Dreamliners and 737 Max jets as the Southeast Asian nation’s flag carrier looks to boost services on its busiest routes.

The airline signed a memorandum of understanding for eight of the carbon-composite Dreamliners, and eight 737 Max 8s, Boeing said in an e-mailed statement late Tuesday. The planes are worth $3.06 billion at list prices that exclude customary discounts.

The agreement marks a victory for Boeing in a competition that had been viewed as favouring rival Airbus. Malaysia had been in talks for the European planemaker’s A330neo wide-body jets but had been unable