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AirAsia X inks deal to buy 500 units of the Airbus A330neo

FP Archives July 16, 2014, 14:36:11 IST

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

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AirAsia X inks deal to buy 500 units of the Airbus A330neo

Kuala Lumpur: Long-haul budget airlineAirAsia X has inked a deal to buy 50 Airbus A330neo planes aspart of its regional expansion.

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

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

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

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

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

AP

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