AIRLINK 74.25 Decreased By ▼ -0.35 (-0.47%)
BOP 5.05 Decreased By ▼ -0.09 (-1.75%)
CNERGY 4.42 Decreased By ▼ -0.08 (-1.78%)
DFML 35.84 Increased By ▲ 2.84 (8.61%)
DGKC 88.00 Decreased By ▼ -0.90 (-1.01%)
FCCL 22.20 Decreased By ▼ -0.35 (-1.55%)
FFBL 32.72 Increased By ▲ 0.02 (0.06%)
FFL 9.79 Decreased By ▼ -0.05 (-0.51%)
GGL 10.80 Decreased By ▼ -0.08 (-0.74%)
HBL 115.90 Increased By ▲ 0.59 (0.51%)
HUBC 135.84 Decreased By ▼ -0.79 (-0.58%)
HUMNL 9.84 Decreased By ▼ -0.13 (-1.3%)
KEL 4.61 Decreased By ▼ -0.02 (-0.43%)
KOSM 4.66 Decreased By ▼ -0.04 (-0.85%)
MLCF 39.88 Increased By ▲ 0.18 (0.45%)
OGDC 137.90 Decreased By ▼ -1.06 (-0.76%)
PAEL 26.43 Decreased By ▼ -0.46 (-1.71%)
PIAA 26.28 Increased By ▲ 1.13 (4.49%)
PIBTL 6.76 Decreased By ▼ -0.08 (-1.17%)
PPL 122.90 Increased By ▲ 0.16 (0.13%)
PRL 26.69 Decreased By ▼ -0.32 (-1.18%)
PTC 14.00 No Change ▼ 0.00 (0%)
SEARL 58.70 Decreased By ▼ -0.77 (-1.29%)
SNGP 70.40 Decreased By ▼ -0.75 (-1.05%)
SSGC 10.36 Decreased By ▼ -0.08 (-0.77%)
TELE 8.56 Decreased By ▼ -0.09 (-1.04%)
TPLP 11.38 Decreased By ▼ -0.13 (-1.13%)
TRG 64.23 Decreased By ▼ -0.90 (-1.38%)
UNITY 26.05 Increased By ▲ 0.25 (0.97%)
WTL 1.38 Decreased By ▼ -0.03 (-2.13%)
BR100 7,838 No Change 0 (0%)
BR30 25,460 No Change 0 (0%)
KSE100 74,931 No Change 0 (0%)
KSE30 24,146 No Change 0 (0%)

imagePARIS: Malaysian low-cost carrier AirAsia X confirmed Monday its order of 55 long-haul A330Neo passenger planes from Airbus at a list price of $15 billion, in what is the biggest single order for the line of aircraft.

Since signing an agreement to purchase 50 of the new-generation A330s in July, AirAsia X has added five more planes to its order, the group said in a statement.

Airbus will begin delivering the fleet in 2018, AirAsia X said.

The Malaysian carrier is now Airbus's biggest customer for the A330 family of aircraft, having already ordered 91 of them to date.

"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 Airbus's wide-body medium-haul jet with fuel-saving engines.

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

The former record industry executive quickly turned the airline around with his no-frills, low-fare formula.

Since then, it has recorded spectacular success and aggressive growth at the expense of national flag carrier Malaysia Airlines.

Copyright AFP (Agence France-Presse), 2014

Comments

Comments are closed.