AIR Mandalay and Boeing signed an MoU last Saturday, which will see the airline procure Next-Generation 737 airplanes for its fleet renewal and expansion efforts.
Air Mandalay currently operates scheduled services to 15 domestic destinations, Chiang Mai in northern Thailand as well as charters.
Air Mandalay principal, Adam Htoon, said: “This memorandum is an important step in our growth strategy. The country is positioning itself as major tourism destination capable of handling an increasing number of foreign visitors.
“The 737 aircraft will provide us with capabilities to support this critical national growth strategy.”
Air Mandalay had earlier announced in July a purchase agreement with Mitsubishi Aircraft for six MRJ90s, with an option to purchase four additional MRJ90s at the air show in the UK. Deliveries of the aircraft are scheduled to commence in 2018.
The airline will also be adding six ERJs to its fleet as it prepares to celebrate its 20th anniversary end-2014.