Latest news with #AirAsiaGroup
Time of India
08-07-2025
- Business
- Time of India
AirAsia signs MoU for 70 Airbus A321XLR aircrafts
PUNE: AirAsia Berhad, a wholly-owned subsidiary of Capital A Berhad, signed an agreement with Airbus valued at USD12.25 billion for 50 A321XLRs with rights for 20 A321XLRs. With this agreement, the airline takes a major step towards becoming the world's first low-cost narrow-body network carrier, anchored by its multi-hub strategy. The aircraft are scheduled for delivery commencing 2028 through 2032. Witnessed by Prime Minister of Malaysia YAB Dato' Seri Anwar Ibrahim, the agreement was signed in Paris between Tony Fernandes, CEO of Capital A, and Christian Scherer, CEO of Airbus Commercial Aircraft. Tony Fernandes, CEO of Capital A and Advisor & Steward of AirAsia Group said, 'We pioneered low-cost travel in Asia – now, we are taking it to the next level. AirAsia is on a transformative journey to become the world's first low-cost network carrier. This is about exponential growth, connecting geographies beyond Asean, and making flying even more democratic. We gave people in Asean the opportunity to explore Asia – now we want the world to see Asean, and Asean to see the world. The A321XLR and A321LR are the game-changers enabling this vision, and we are proud to lead the charge in making our world smaller. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Jolie-Pitt Family Supports For Shiloh's Change Drivepedia Undo We can't wait to paint the skies even wider in red.' Christian Scherer, CEO Commercial Aircraft at Airbus said: 'We are pleased to confirm this agreement, as AirAsia Group begins its next development chapter. Having resumed its growth trajectory, which we salute and support, the airline is creating solid fleet efficiencies, allowing global network expansion. The A321XLR unlocks new opportunities for AirAsia to launch non-stop flights linking primary and secondary cities all around the globe. ' The next-generation A321XLRs will operate alongside AirAsia's all-Airbus fleet of A320 Family and A330 aircraft, supporting its long-term strategy to deliver unmatched connectivity across Asia and beyond, while maintaining a low-cost model through improved route economics, enhanced aircraft utilisation and fleet efficiency. AirAsia Group aims to carry 150 million guests annually by 2030, reaching a cumulative total of 1.5 billion guests since inception. The new fleet plays a pivotal role in this transformation. AirAsia's multi-aircraft strategy enables the airline to match capacity with demand, reduce fuel consumption, and support a sustainable, cost-effective growth model in a highly competitive global landscape. The A321XLR also offers up to 20 per cent lower fuel burn per seat than the Airbus A321neo aircraft, significantly improving emissions performance and operating efficiency. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
07-07-2025
- Business
- Time of India
AirAsia inks $12.25 bn Airbus deal for 50 A321XLR jets
AirAsia Berhad, a unit of Capital A Berhad, has signed a $12.25 billion agreement with Airbus to buy 50 A321XLR aircraft, with purchase rights for 20 more. With this agreement, the airline takes a major step towards becoming the world's first low-cost narrow-body network carrier. The aircraft are scheduled for delivery commencing 2028 through 2032. Witnessed by Prime Minister of Malaysia YAB Dato' Seri Anwar Ibrahim, the agreement was signed on Monday in Paris between Tony Fernandes, CEO of Capital A, and Christian Scherer, CEO of Airbus Commercial Aircraft. Tony Fernandes, CEO of Capital A and Advisor & Steward of AirAsia Group said: 'We pioneered low-cost travel in Asia – now, we are taking it to the next level. AirAsia is on a transformative journey to become the world's first low-cost network carrier. This is about exponential growth, connecting geographies beyond Asean, and making flying even more democratic. We gave people in Asean the opportunity to explore Asia – now we want the world to see Asean, and Asean to see the world. The A321XLR and A321LR are the game-changers enabling this vision, and we are proud to lead the charge in making our world smaller. We can't wait to paint the skies even wider in red.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo 'We are pleased to confirm this agreement, as AirAsia Group begins its next development chapter. Having resumed its growth trajectory, which we salute and support, the airline is creating solid fleet efficiencies, allowing global network expansion. The A321XLR unlocks new opportunities for AirAsia to launch non-stop flights linking primary and secondary cities all around the globe,' said Christian Scherer, CEO Commercial Aircraft at Airbus. The next-generation A321XLRs will operate alongside AirAsia's all-Airbus fleet of A320 Family and A330 aircraft. AirAsia Group aims to carry 150 million guests annually by 2030, reaching a cumulative total of 1.5 billion guests since inception. Live Events
The Sun
06-07-2025
- Business
- The Sun
AirAsia signs US$12.25 billion deal for 50 A321XLRs with rights for 20 more
PETALING JAYA: AirAsia Bhd, a wholly owned subsidiary of Capital A Bhd, has signed a landmark agreement with Airbus valued at US$12.25 billion (RM51.75 billion) for 50 A321XLRs with rights for 20 more. With the agreement, the airline is taking a major step towards becoming the world's first low-cost narrow-body network carrier, anchored by its multi-hub strategy. The aircraft are scheduled for delivery from 2028 through 2032. Witnessed by Prime Minister Datuk Seri Anwar Ibrahim, the agreement was signed in Paris on Friday between Capital A CEO Tan Sri Tony Fernandes and Airbus Commercial Aircraft CEO Christian Scherer. Fernandes, who is also adviser and steward of AirAsia Group, said: 'We pioneered low-cost travel in Asia – now we are taking it to the next level. AirAsia is on a transformative journey to become the world's first low-cost network carrier. This is about exponential growth, connecting geographies beyond Asean, and making flying even more democratic. 'We gave people in Asean the opportunity to explore Asia – now we want the world to see Asean, and Asean to see the world. The A321XLR and A321LR are the game-changers enabling this vision, and we are proud to lead the charge in making our world smaller. We can't wait to paint the skies even wider in red.' Scherer said: 'We are pleased to confirm this agreement, as AirAsia Group begins its next development chapter. Having resumed its growth trajectory, which we salute and support, the airline is creating solid fleet efficiencies, allowing global network expansion. The A321XLR unlocks new opportunities for AirAsia to launch non-stop flights linking primary and secondary cities all around the globe.' The next-generation A321XLRs will operate alongside AirAsia's all-Airbus fleet of A320 and A330 aircraft, supporting its long-term strategy to deliver connectivity across Asia and beyond, while maintaining a low-cost model through improved route economics, enhanced aircraft utilisation and fleet efficiency. AirAsia Group aims to carry 150 million guests annually by 2030, reaching a cumulative total of 1.5 billion guests since inception. The new fleet plays a pivotal role in this transformation. AirAsia's multi-aircraft strategy enables the airline to match capacity with demand, reduce fuel consumption and support a sustainable, cost-effective growth model in a highly competitive global landscape. The A321XLR offers up to 20% lower fuel burn per seat than the Airbus A321neo aircraft, significantly improving emissions performance and operating efficiency.
Bloomberg
11-06-2025
- Business
- Bloomberg
AirAsia's 100-Jet Paris Order Pits Airbus A220 Against Embraer
By and Siddharth Vikram Philip Save Low-cost carrier AirAsia is poised to order about 100 regional jets at the Paris Air Show next week, with the Malaysian airline still undecided between the Airbus SE A220 or Embraer SA 's E2, according to people familiar with the matter. Negotiations with the manufacturers are coming down to the wire, said the people, who asked not to be named because the talks are confidential. Attractive financing is a key requirement for AirAsia and could sway the final decision, they said.
The Star
03-06-2025
- Business
- The Star
AirAsia plans to train Sabah youth in aviation roles
KOTA KINABALU: AirAsia intends to collaborate with higher learning institutions in Sabah to train new generations of pilots, engineers, and flight technicians. AirAsia Group CEO Tan Sri Tony Fernandes said this is part of the airline's initiative to develop local human capital, focusing on B40 youth. He noted that while tourism remains Sabah's main economic contributor, AirAsia aims to enhance its contributions through local talent and skilled resource development. "We already have many cabin crew, engineers, and pilots. We wish to help create more pilots, engineers, and technical crews from Sabah youths," he said. Fernandes made these remarks during a courtesy visit to Sabah Head of State Tun Musa Aman on Tuesday (June 3). He mentioned they are ready with the syllabus and programme structures and will establish a working committee for implementation soon. Applications will open once programme funding is sufficient, he added. "We aim to start this programme before the end of the year, beginning with pilot training," said Fernandes. He said that the programme will eventually cover other areas like engineering, technical roles, and artificial intelligence (AI), in line with the company's investment in the latest technology. "In the flight industry, AirAsia is moving towards AI for network scheduling, fuel saving, and luggage management," he said. AirAsia wants Sabahans to be part of this technological advancement, Fernandes added.
