Malaysia's AirAsia cuts Airbus A330neo order plans, adds A321XLR

Malaysia's AirAsia cuts Airbus A330neo order plans, adds A321XLR

Malaysia’s flagship budget airline AirAsia Group Bhd (AIRA.KL) slashed its plans for Airbus SE (AIR.PA) A330neo orders by nearly two-thirds to 12, but said it would order 30 of the new long-range A321XLR narrowbodies, reports Trend citing to Reuters.

Its long-haul arm AirAsia X Bhd (AIRX.KL) had unveiled 34 orders for A330neo widebodies at the Farnborough Airshow in 2018. Airbus had said these were firm orders but the deal was thrown into doubt as AirAsia sought to rejig its fleet needs.

The downsized firm order for A330neos follows more than a year of tough negotiations.

In July 2018, AirAsia CEO Tony Fernandes tweeted that conditions for a fresh order included price, performance, engines and advance payments, before adding “or else” in a remark designed to leave the door open to an alternative deal with Boeing Co (BA.N).

The new contract with Airbus increases the number of A330neos on order by AirAsia to 78, making it the largest global customer for the type.

None of the planes from its prior firm order for 66 A330neos have yet been delivered to the airline, although Thai AirAsia X took a leased A330neo this month.

AirAsia did not announce planned delivery dates for the fresh batch of 12 A330neos or the A321XLRs, but Fernandes said in a statement that the types were “perfect partners” for AirAsia X’s long-haul low-cost operations.

Industry sources have said AirAsia was in talks to become a launch customer for the A321XLR at the Paris Airshow in June but an agreement did not materialise in time for the showcase event.

AirAsia X last week reported its biggest quarterly loss since 2015 and said it expected continued pressure on the Malaysian currency and for the operational environment to remain challenging against the global economic backdrop.

Germany’s import of steel from Turkey up
Germany’s import of steel from Turkey up
France’s import of steel from Turkey up
France’s import of steel from Turkey up
Austria increases import of steel from Turkey
Austria increases import of steel from Turkey
Loading Bars
Latest
Group team competitions underway in Baku as part of Rhythmic Gymnastics World Cup (PHOTO)
Azerbaijani ADA University sсreens film timed to Day of Victory in WWII (PHOTO)
Azerbaijan names finalists in exercise with clubs as part of gymnastics World Cup in Baku
Azerbaijani gymnast reaches finals in exercise with ribbon as part of World Cup in Baku
Iran providing much needed mechanization for farmers in Qazvin Province
Germany’s import of steel from Turkey up
Azerbaijani president allocates funds for construction of new school in Shusha
Funds allocated for construction, repairs of educational institutions in Baku
Uzbekistan interested in co-op with French pharmaceutical company
Funds allocated for creation of heat supply system in Azerbaijan’s Shusha
France’s import of steel from Turkey up
Iran's Energy Exchange announces products to be on sale on May 9
Azerbaijani Finance Ministry places medium-term bonds on auction
Cotton spinning factory of Turkmenistan’s Lebap region names production data
Chevron should remain cautious in further increasing oil & gas production
Azerbaijan to continue online lessons in 10th-11th grades, minister says
Foreign shipping lines expected to return to Iran
Austria increases import of steel from Turkey
Fars Province to be connected to north-east and south-east of Iran via railway line
1Q2021 value of operations via interbank national settlements system in Azerbaijan down
United Arab Bank turns around with Dh10.2 million net profit
Azerbaijan's MoD shares video about Shusha - cultural capital of Azerbaijan
New jobs created in Iran's Ardabil Province
Turkmenistan's Turkmengas opens tender for overhaul of gas turbine engines
Iran’s Bahar Azadi gold coin price falls
World Cup in Baku became one of my favorite competitions - Azerbaijani gymnast (PHOTO)
Khazar Consortium opens tender for purchase of controller
Value of Iran's import of Turkish steel in 4M2021 grows
Russia’s coronavirus reproduction rate remains below 1
Azerbaijan sets up new military units in liberated lands (PHOTO)
Kazakhstan increases exports to UAE
Best moments of second day of Rhythmic Gymnastics World Cup in Baku (PHOTO)
Kazakh gymnast shares impressions of Rhythmic Gymnastics World Cup taking place in Baku
Cult of personality of Garegin Nzhdeh in Armenia can be compared with that of Hitler in Nazi Germany – Russian analyst
Azerbaijan shares data on number of vaccinated citizens for May 8
EU sceptical on vaccine waiver, but ready to discuss proposal
Azerbaijan confirms 649 more COVID-19 cases, 1,720 recoveries
Iran declares details of exports from Ardabil Province
Uzbekistan projects volume of direct foreign investments for 2021
Exports via Iran's Sistan and Baluchestan Province up
Turkey's 4M2021 export of steel to Georgia surges in value
China boosts import of Azerbaijani products y-o-y
Azerbaijan's Central Bank unveils data on foreign exchange transactions over March 2021
Azerbaijani Ro-Pax type ferry reaches Kazakh port of Kuryk (PHOTO)
G-7 countries back Taiwan's observer status in World Health Assembly
Lack of minefield maps delays mine clearance - Trend TV
Uzbekistan’s 1Q2021 cars export revealed
Results of Azerbaijani gymnasts’ performance in exercises with clubs, ribbons as part of Rhythmic Gymnastics World Cup in Baku (PHOTO)
Turkish Energy Ministry prolongs oil, gas exploration licenses for several companies
Azerbaijani president displayed successful strategy on battlefield and in media - two tactics of Great Victory
Turkmenistan sees active dev't of cotton industry
Latvia reveals main economic indicators of bilateral cooperation with Georgia
Iran discloses number of restored mines in South Khorasan Province
Germany's confirmed coronavirus cases rise by 15,685
Azerbaijan's CBC radio starts broadcasting in Karabakh
Iran's Khorasan Razavi Province to increase trade with Turkmenistan
First Vice-President Mehriban Aliyeva made Instagram post on Shusha (VIDEO)
Iran to import Coronavirus vaccine - President Rouhani
Uzbekistan, Kazakhstan implementing road and railroad construction projects
Competitions in Baku always held at highest level - Slovenian gymnast
Azerbaijani Defense Ministry discloses events to be held on occasion of Victory Day - May 9
Buy/sell operations at Iran Mercantile Exchange revealed
Iran Khodro Diesel Company boots its production
Azerbaijan’s Baku city always warmly welcoming - Ukrainian gymnast
Uzbekistan's international reserves grow
Sri Lanka approves Pfizer COVID vaccine for emergency use
Turkmenistan signs decree on pardon for Qadr Night
Uzbekistan Railways plans to resume railway communication with Russia and Kazakhstan
Iran's IMIDRO begins study of public and comparative discovery in Albalaq mine
Azerbaijan’s Azerenergy company names winner of tenders for maintenance of IT equipment
Number of Azerbaijani insurance companies entitled to operate within Green Card system increase
Kazakhstan’s Intergas Central Asia company opens tender to attract services
Baku Stock Exchange unveils 4M2021 transactions on corporate securities
Azerbaijan expanding cooperation with Czech Republic in nanotechnologies
Iran reveals COVID-19 data for May 8
Uzbekistan suspends flights to Turkey and India
Scientific conferences, organized by Baku Higher Oil School on occasion of 98th anniversary of National Leader Heydar Aliyev, are coming to an end (PHOTO)
Uzbek ministry extends tender for pumping and power equipment
Saudi Crown Prince, Pakistan’s PM hold talks as bilateral agreements, MoUs signed
Russia records another 8,329 new daily coronavirus cases
Kazakh-Turkish JV launches tender to attract equipment inspection services
Iran's Shahid Tondgooyan Petrochemical Company plans to increase production
Azerbaijani Central Bank makes allocations for software platform support
Israel among 12 ‘green’ countries okayed for UK summer travelers
Rhythmic Gymnastics World Cup in Baku organized at high level - Georgian gymnast
Kazakh oil refinery opens tender to attract examination services
Int'l Judo Federation thanks Azerbaijan for return of previously detained Armenian judoka
Kazakh Gas Processing Plant opens tender on supply of diesel fuel
Interest in Georgian aviation market growing amid COVID-19
Auto sector urges U.S. Congress to help fund its computer chip needs
Iran’s ISOICO declares amount of attracted funds
Mine clearance work on Fuzuli-Ahmadbayli highway continues in Azerbaijan (PHOTO)
Turkmenistan exceeds plan for transport, communication sector
World Cup competitions at Baku National Gymnastics Arena continue (PHOTO)
Georgia reports 1,564 new coronavirus cases for May 8
Data of Turkmenistan’s construction sector revealed
Supplies of Uzbek cherries to foreign markets to decrease
PASHA Capital - 4M2021 leader in Baku Stock Exchange operations
Uzbekistan developing strategy for promoting textile products to EU market
Turkmenistan records growth in agro-industrial production
All news