7 months ago
Airbus Nears Deal to Sell 100 A220 Jets to AirAsia
Airbus, a big airplane company, is almost done making a deal to sell about 100 A220 planes to AirAsia, a budget airline.
This deal could also include up to 50 more planes later.
AirAsia is already a big customer of Airbus, with many other planes on order.
The airline is trying to grow and add smaller planes to fly to new places.
AirAsia has had some money problems, but they are working to fix them.
The deal might be announced soon.
Airbus is close to finalizing a deal to sell around 100 A220 aircraft to AirAsia.
The deal may include options for an additional 50 jets and could be announced within days.
AirAsia is already one of Airbus' largest customers, with over 350 A320-family aircraft on order.
AirAsia is diversifying its fleet to open up new routes, considering an order for up to 150 regional jets.
AirAsia's parent company, Capital A, is financially distressed (PN17 classification) but is working on a turnaround plan.
- Who
- Airbus and AirAsia
- What
- Potential deal for 100 A220 jets
- Where
- Asia
- When
- Potential announcement within days
- Why
- AirAsia's fleet diversification and turnaround plan
Key facts
- Companies Involved
- Airbus, AirAsia
- Aircraft Model
- A220
- Number of Aircraft
- 100 (with options for 50 more)
- AirAsia's Current Airbus Orders
- 350 A320-family aircraft, 50 A321XLR jets
- AirAsia's Financial Status
- PN17 classification (financially distressed)
- Potential Announcement Timeline
- Within days
- AirAsia's Fleet Diversification Plan
- Adding smaller aircraft for new routes
Quotes
AirAsia spokesperson
Representative of AirAsia
“We have no announcements to make at this time”
financialexpress.com
Tony Fernandes
Co-founder and CEO of Capital A, parent company of AirAsia
“The group had completed its PN17 regularisation plan and was now working towards the uplift”
financialexpress.com
