A new multiple-relaxation-time lattice Boltzmann scheme for compressible flows with arbitrary specific heat ratio and Prandtl number is presented. In the new scheme, which is based on a two-dimensional 16-discrete-velocity model, the moment space and the corresponding transformation matrix are constructed according to the seven-moment relations associated with the local equilibrium distribution function. In the continuum limit, the model recovers the compressible Navier-Stokes equations with flexible specific-heat ratio and Prandtl number. Numerical experiments show that compressible flows with strong shocks can be simulated by the present model up to Mach numbers $Ma sim 5$.