AirAsia X Orders 100 Airbus A330neo for $ 30 Billion – Business News



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SEPANG: AirAsia X Bhd the long-haul branch of the low-cost carrier AirAsia Bhd Group, ordered 100 A330neo long-haul passenger aircraft from the European aircraft manufacturer Airbus as part of a $ 30 billion transaction.

Tony Fernandes, CEO of AirAsia Group Bhd and Tony Fernandes, CEO of AirAsia X, said the new aircraft will replace its older fleet and will realize savings of 11% to 12%.

He said that the first order would be delivered in April next year while the second batch of orders from here the third quarter of 2019.

"With these new aircraft, we can now We do not announce that we are launching flights to London, but with these new planes, it will be possible, "said Fernandes in a special announcement Thursday.

Fernandes said the transaction would be financed by cash flow and sale and leaseback contracts.

"We are looking at savings of 14%, maintenance savings of 5% … a lot of savings," he said.

He stated that he had decided to reconfirm his order for 66 A330neo, but to add 34 more, it is likely to be one of the aircraft's ratings. more depth never seen by the industry.

"We have examined all aspects of the A330neo, from technical performance and reliability to passenger comfort, and it's clearly the right aircraft to effectively extend our fast-growing, long-haul network. ", said Fernandes

. According to a statement issued at the Farnborough Air Show in the UK, AirAsia X said the 100 aircraft ordered included the additional 34 A330neo wide-body aircraft.

All A330neo ordered by AirAsia X are the largest model A330-900

Offering nonstop flying capabilities to Europe including Kuala Lumpur in London, the A330neo will allow AirAsia X to increase its value based on the long-haul with even lower operating costs, while allowing its passengers

to fly more often with very competitive rates.

AirAsia X will be the first airline in Asia to operate the A330neo. The A330neo will be operated by AirAsia X from its bases in Malaysia, Thailand and Indonesia.

The co-founder of AirAsia and the CEO of AirAsia Group X, Kamarudin Meranun, said: Cost is something we firmly believe in, and this order shows our confidence in the AirAsia X model. [19659002] "We have been campaigning hard for the A330neo after seeing the success of the A320neo, and by working closely with Airbus, we have come to a position we are confident we will be able to extend our low fares offer to beyond the Asia-Pacific to the rest of the world. "

Airbus' commercial director, Eric Schulz, said the aircraft manufacturer was very pleased to announce this important deal with AirAsia X.

"It is the strongest possible endorsement for the unbeatable operating economy, performance and profitability that the A330neo brings to the market in its size category, "he said.

The A330neo is the latest version of the family double aisle A330 incorporates a new generation of Rolls-Royce Trent 7000 engines, a new optimized wing and increased use of lighter composite materials.

Together, these advances result in a significant 25% reduction in fuel consumption compared to similar-sized, earlier-generation aircraft.

Passengers can expect the highest levels of comfort when flying on the A330neo. It was originally designed for the larger A350 XWB, with new-design sidewalls and lighting fixtures, larger storage space, enhanced ambient lighting, and more. latest entertainment and connectivity features.

One of the most successful Widebody product lines of all time, having received more than 1,700 orders from 120 customers.

More than 1,400 A330s fly with more than 120 operators worldwide. Including Thursday's announcement, the A330neo has already gained about 250 firm orders before commissioning.

The A330neo is currently completing its flight test program with certification expected in the coming weeks followed by an entry into commercial service in September.

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