AirAsia strikes deal for up to 70 Airbus A321XLR jets as restructuring nears end
Business
SEOUL :AirAsia on Friday signed a memorandum of understanding with Airbus to buy 50 long-range A321XLR planes with conversion rights for another 20 of the single-aisle jets, as the budget airline nears the end of a restructuring process. Reuters reported last month that Tony Fernandes, CEO of AirAsia owner Capital A Group, was in talks to buy 50 to 70 of the latest Airbus narrow-body model, which would include the ability to convert some of the airline's large, existing Airbus order book into
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