AirAsia Places an Orders of 55 Airbus A330Neos

AirAsia X makes an announcement to confirm its order of 55 long-haul Airbus A330neo passenger planes. The list price comes around $15 billion. This is the biggest single order for the line of aircraft from the Malaysian low-cost carrier.

In July, the first agreement was signed between AirAsia X and Airbus to purchase 50 of the new-generation A330s. Now, AirAsia X has ordered five more planes.

Airbus is expected to start deliveries of the new fleet in 2018.

AirAsia - Malaysian low-cost carrier

AirAsia – Malaysian low-cost carrier

AirAsia X has become the biggest customer of Airbus with the A330 family of aircraft. Till today, 91 planes have been ordered.

“This latest deal with Airbus will enable AirAsia X to consolidate its growth rate in 2015-2017 before ramping up deliveries from 2018 onwards,” said Tony Fernandes, co-founder and director of the company.

“The A330 has proven itself to be exactly the right aircraft for our business model, combining low operating costs, long-range flying capability and high levels of comfort.”

The A330neo is an updated version of wide-body medium-haul jet plane with more fuel-efficient engines.

AirAsia X is the long-haul and low-cost affiliate of AirAsia, which was a once failing carrier 13 years ago when Fernandes acquired it in 2001.

The former record industry executive was able to change the fate of the airline with his new formulla of low-fare. Since then, it has achieved commendable success and impressive growth at the expense of national flag carrier Malaysia Airlines.

Source: Yahoo News

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