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Business & Finance

AirAsia chief eyes $18bn Airbus order

Published Updated

airbusSEPANG: AirAsia hopes to place an $18 billion order for 200 Airbus jets, an official said Monday, as the airline's chief Tony Fernandes predicted his fleet could grow to around 500 by 2020.

A senior AirAsia official confirmed the airline may place the massive order for Airbus A320neo jets if the budget carrier's negotiations in Paris succeed.

The official, who spoke to AFP on condition of anonymity, said Fernandes and his group deputy Kamarudin Meranum will go to the Paris Airshow to broker the deal over the next two days, adding "we are looking at 200 jets."

Meanwhile Fernandes backed the airline to expand dramatically from its current size of 93 jets by 2020 as it tries to meet surging demand for air travel across Asia.

 

Copyright AFP (Agence France-Presse), 2011

 

 

Copyright APP (Associated Press of Pakistan), 2011

 

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