Highlights

AirAsia in talks to buy proposed new Airbus A321XLR

 Publish date: Sat, 1 Jun 2019, 9:12 AM

MALAYSIAN low-cost carrier AirAsia is in negotiations to buy a proposed new longer-range version of the best-selling Airbus A321 passenger jet, two people familiar with the matter said.
 
Airbus has begun tying up customers for the A321XLR ahead of a possible formal announcement of the modified version at the Paris Airshow in June, though the timing of any deal between Airbus and AirAsia remains unclear.
 
Airbus declined to comment. AirAsia was not available for comment.
 
AirAsia is one of the European planemaker’s biggest customers with 100 A321neo and 232 smaller A320 jets in service and another 270 on order, according to Airbus data as of the end of April.
 
Long-haul affiliate AirAsiaX also has 66 wide-body A330neo jets on order and announced last year it would expand the order to 100 A330neo jets worth some US$30 billion at list prices.
 
But the group is now reported to be considering converting part of that order into long-range versions of the smaller A321.
 
The A321XLR is expected to enter service in late 2023.
 
Airbus aims to launch the plane with at least 200 orders, industry sources say.
 
AirAsia co-founder Tony Fernandes has placed several orders at annual air shows after taking negotiations down to the wire, but it is not yet known whether a deal to buy the A321XLR can be agreed in time for the June 17-23 Paris event.
 
Sales chief Christian Scherer has said Airbus is seeing more demand for longer-range versions of medium-haul jets like the A321, blurring boundaries with bigger jets.
 
Boeing is trying to fill a wider segment that includes the A321XLR’s target routes with a new twin-aisle plane with even more range, but has toned down public discussion of the plan as it focuses on restoring its grounded 737 MAX to service.
 
 - Reuters
Share this
Labels: AIRASIA

Related Stocks

Chart Stock Name Last Change Volume 
AIRASIA 0.74 -0.02 (2.63%) 41,304,900 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program
 
 

298  640  530  486 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 PDZ 0.17-0.065 
 CAREPLS 1.76+0.27 
 COMFORT 3.84+0.41 
 SUPERMX-HB 0.19-0.045 
 MQTECH 0.0850.00 
 AT 0.085+0.005 
 IRIS 0.25-0.02 
 HLT-WA 0.45+0.04 
 HLT 0.73+0.075 
 VIVOCOM 0.040.00 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program
Partners & Brokers