LONDON Feb 20 BAE Systems expects to
submit a leasing proposal for the Eurofighter Typhoon jet to
Malaysia next month, as its cash-strapped government mulls over
renting, rather than buying fighter aircraft.
"The Malaysian government is openly saying they have some
issues on finance, and while they're ending subsidies and
bringing in new value added tax, it's unlikely there's an
appetite to buy Typhoon at this point," BAE's Group Business
Development Director Alan Garwood told analysts on Thursday.
"What they have done is solicit leasing proposals from every
major aerospace company. We will be submitting a leasing
proposal next month for Typhoon together with a purchase option
and expect to have further discussions later in the year or
maybe even early next year around that," he said.
Last year Malaysia, which had wanted to buy 18 combat
aircraft by 2015, said it was choosing between Boeing's F/A-18,
Dassault's Rafale, Saab's Gripen and the
Eurofighter Typhoon which is built by BAE, Airbus and
Industry sources said in March that the purchase could run
into billions of dollars. Malaysia's Prime Minister Najib Razak
told Reuters in October the purchase might be delayed.