AirAsia X inks deal to buy 50 Airbus planes

Tags: News
Long-haul budget airline AirAsia X has inked a deal to buy 50 Airbus A330neo planes as part of its regional expansion.

The deal, signed at the Farnborough Airshow in London, is worth USD 13.8 billion at the catalog price but airlines usually get a discount for bulk purchases.

Malaysian-based AirAsia X said in a statement late Tuesday that deliveries will take place between 2018 and 2024.

It is the first customer for the newly launched neo, a new version of the widebody A330, that offers lower fuel consumption and extended long range capability.

The AirAsia group is one of Airbus's largest airline customers in the world, with 536 Airbus aircraft, excluding the new deal.

AirAsia X, launched in late 2007, flies to 14 destinations in Asia, Australia and the Middle East.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Prabhu Express has trundled into town with a cargo of feel-good promises

    Railway minister Suresh Prabhu, punning on his own name, sought divine intervention more than once while delivering his maiden rail budget last Thursd

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Taslima Nasreen

The death of a liberal humanist

I first met Avijit Roy about 15 years ago. He ...

Purnendu Ghosh

Context is important in colour choices

Colours reflect power, optimism, warmth, emotion and balance. Colours are ...

Shona Adhikari

Art world celebrates two ‘new’ Cezannes

The focus moves once more to post-impressionist Paul Cezanne, who ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture