AirAsia Announces $30bn Deal For 100 Airbus Planes
Fakhir Rizvi Published July 19, 2018 | 06:51 PM
Malaysian budget airline AirAsia Thursday announced an additional order of 34 Airbus A330neo planes, bringing the total value of its expanded 100-plane order to $30 billion as it sets its sights on European routes.
Sepang, Malaysia, (APP - UrduPoint / Pakistan Point News - 19th Jul, 2018 ) :Malaysian budget airline AirAsia Thursday announced an additional order of 34 Airbus A330neo planes, bringing the total value of its expanded 100-plane order to $30 billion as it sets its sights on European routes.
The first delivery of the fuel-efficient widebody jets will arrive towards the end of 2019 and will allow the airline to take on longer non-stop routes to Europe, AirAsia boss Tony Fernandes said at a media event.
These will be used by its long-haul arm, AirAsia X, replacing its older first-generation A330s.
"We can now start the London route...
This plane allows us to fly to Brazil, Namibia and anywhere we want," he said.
The Kuala Lumpur-London route was dropped in 2012 due to low demand and high fuel prices.
"We lobbied hard for the A330neo after seeing the success of the A320neo, and working closely with Airbus, we have arrived at an aircraft that we are confident will allow us to expand our low fares offering beyond Asia Pacific to the rest of the world," AirAsia X chief executive Kamarudin Meranun said.
The deal makes AirAsia the biggest Asian customer of European aviation giant Airbus, which has been locked in a tight battle for dominance with US rival Boeing.
Related Topics
Recent Stories
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
FM Dar conveys deepest sympathy on torrential rains devastation in UAE
Spain PM Sanchez says weighing resignation after wife's graft probe
Tennis: ATP/WTA Madrid Open results - 1st update
Long-lost Klimt portrait auctioned off for 30 mn euros
Osaka seals first win on clay since 2022 in Madrid
Earthquake jolts Karachi
Sindh minister orders operation after attack on police in Ghotki
TikTok to fight US ban law in courts
More Stories From World
-
Football: English Championship table
3 hours ago -
Time for 'democratic transition' in Venezuela: opposition candidate to AFP
3 hours ago -
Spain's Pedro Sanchez : a risk-taker with a flair for survival
3 hours ago -
Football: French Ligue 1 table
4 hours ago -
Nadal will only play French Open if he can 'compete well'
4 hours ago -
Ukraine, Israel, TikTok: the massive aid package before US Congress
4 hours ago
-
TikTok to fight US ban law in courts
4 hours ago -
Football: French Ligue 1 results
4 hours ago -
Spain PM Sanchez says weighing resignation after wife's graft probe
5 hours ago -
Long-lost Klimt portrait auctioned off for 30 mn euros
5 hours ago -
TikTok to fight US ban law in courts
6 hours ago -
Anger among Ukrainians in Poland as Kyiv halts passport renewals
6 hours ago