By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Reading: AirAsia X orders 100 A330neo jets from Airbus for US$30bil
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Signin Sign In
Follow US
Copyright © Travel Radar Media Ltd. 2025 | All Rights Reserved
Travel Radar - Aviation News > News > AirAsia X orders 100 A330neo jets from Airbus for US$30bil

AirAsia X orders 100 A330neo jets from Airbus for US$30bil

Jake Smith
Last updated: 24 July 2018 04:01
By Jake Smith
3 Min Read
Share
SHARE

AirAsia X Bhd (AAX), the long-haul arm of low-cost carrier AirAsia Group Bhd, has finalised its order of 100 A330neo long-haul wide-body passenger jets for US$30bil (RM122bil) from European planemaker Airbus – a deal that the low-cost carrier had been deliberating over the past couple of years.

 AirAsia Group chief executive officer (CEO) and AAX co-group CEO Tan Sri Tony Fernandes said the new aircraft would replace its existing ageing fleet and provide better cost savings.

“We’re looking at 14% savings in fuel, about 5% savings in maintenance and a variety of savings here and there. This will bring total savings in costs of about 11% and 12%,” he said at a media briefing.

Fernandes said AAX would receive delivery of the first batch of planes by the third quarter of next year.

“We’re looking at taking delivery of three planes next year. These will be exclusive to our Malaysian operations.

“The following year, we’ll be getting six planes that will be going to Thailand, Indonesia and Malaysia. Then in 2021, we’re looking at delivery of 10 aircraft.”

All the A330neo aircraft ordered by AAX are the larger A330-900 model. AAX will be the first airline in Asia to operate the aircraft.

The A330neo is the latest version of the twin-aisle A330 family. It incorporates new generation Rolls-Royce Trent 7000 engines, a new optimised wing and increased use of lighter composite materials. Together, these advances bring a reduction in fuel consumption of 25% compared with older generation aircraft of similar size.

With the new aircraft, Fernandes said AAX would be able to make long-haul trips to destinations such as London, which it had scrapped back in 2012.

“The new aircraft allows us to go to places like Brazil, Namibia and London.”

When asked if the low-cost carrier had plans to relaunch its London route, Fernandes said: “We’re not announcing that we’re launching flights to London, but with these new planes, it would be possible.”

Apart from Airbus, Fernandes said the low-cost carrier was also in talks with Boeing, revealing that AAX “came close” to reaching a deal with the latter.

“We’ve had lots of years of analysis. But after two years, we’ve decided to go with Airbus. There were a lot of discussions.”

Fernandes said the deal with Airbus would help to bolster AAX’s business model further.

“We’ve been looking at the AAX model for the last 12 months and we’ve been working on how to make the model stronger. As strong, if not stronger, than AirAsia.

“AAX has had a chequered past, so over the last 12 months, we’ve been focusing on getting the model right. We have tremendous confidence in the future of AAX,” Fernandes said.

 

 

You Might Also Like

Which Airline Will Replace Virgin Australia?
Why Should You Travel With Non-Alcoholic Drinks This Season?
5 passengers injured in fiery Beechcraft Bonanza plane crash in Pennsylvania
Masks on a plane: Is wearing a face mask now compulsory on all flights?
Lufthansa Cargo is Launched
Share This Article
Facebook Twitter Email Copy Link
What’s your thoughts?
Love1
Sad0
Happy0
Angry0
Jake Smith
ByJake Smith
Director of Special Projects - Jake is an experienced aviation journalist and strategic leader, regularly contributing to the commercial aviation section of Travel Radar alongside leading strategy and innovation including livestreaming and our store.
Previous Article Air France 777 Communication Loss
Next Article Israel shoots down Syrian warplane near Golan Heights
Subscribe
Login
Notify of
guest

guest

0 Comments
Oldest
Newest Upvoted
Inline Feedbacks
View all comments

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe

Trending News

An Air India jetliner flies in the blue sky.
Air India Partners With Scoot To Expand Connectivity Across Asia And Australasia
Airlines Route Development Travel
A Royal Air Maroc Boeing 787-9 Dreamliner is rolling for takeoff at John F. Kennedy International Airport, with blue sky.
Royal Air Maroc Announces Nonstop Service Between Los Angeles and Casablanca
Airlines Route Development Travel
Glasgow Prestwick Airport
Glasgow Prestwick Airport Named Air Freight Business of the Year
Airlines Airports Aviation Travel Travel Radar
Heathrow Airport Terminal
London Heathrow (LHR) Europe’s Busiest Airport – But Why?
Airports Aviation Did You Know Travel Travel Radar
Car and truck parked in drop-off area at Gatwick airport.
Gatwick Leads a Wave of Higher Airport Drop-off Fees across London
Airports Did You Know Travel
//

Travel Radar is the leading digital hub for all things aviation and air-travel. Discover our latest aviation news, aviation data, insight and analysis.

Discover

  • Latest News
  • Subscribe
  • Weekly Digest
  • Contact Us
  • Privacy Policy
  • About Us
  • Advertising
  • Media Coverage
  • Press & Events
  • Join Our Team
  • Our Brands

Signup to our Newsletter!

And get the latest aviation news via our weekly news digest!

© Travel Radar Media Ltd. 2015-2025 | ISSN #2635-0696 | Trademark #UK00003579704
wpDiscuz
adbanner
Welcome to the TR Community!

Sign in to your account

Not a member? Sign Up