Airasia won’t buy ‘too ex­pen­sive’ Air­bus A350

Viet Nam News - - MARKETS -

SIN­GA­PORE — Malaysia’s AirAsia X Bhd has no plans to buy the

Air­bus SE A350 wide­body jet, the air­line’s co-group CEO said yes­ter­day, de­spite the air­line hav­ing 10 of them on or­der.

“The A350 is not an air­craft we will buy,” AirAsia X co-group CEO Tony Fer­nan­des said in a Face­book Live chat from Lon­don. “Too ex­pen­sive. Fares would go up.”

AirAsia X, the long-haul arm of AirAsia Bhd, placed a firm or­der for 10 A350s in June 2009. It later or­dered 66 A330­neos, an up­dated ver­sion of the A330s it has in its cur­rent fleet.

The A350-900 has a longer range but also comes with a higher list price of US$317.4 mil­lion, com­pared with the $296.4 mil­lion price of the A330900­neo. Air­lines typ­i­cally re­ceive large dis­counts from the list prices.

The AirAsia group is one of Air­bus’ largest cus­tomers, but it has also been talk­ing to Boe­ing Co about buy­ing the ri­val 787-10 jet, ac­cord­ing to a source fa­mil­iar with the dis­cus­sions.

A fi­nal de­ci­sion on AirAsia X’s fu­ture fleet is ex­pected later this year, the source said on con­di­tion of anonymity. The 787-10 has a list price of $325.8 mil­lion.

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