Manufacturing Industry
AirAsia selects Airbus engines
Airline Industry Information, June 14, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Malaysian budget carrier AirAsia said Monday (13 June) it has signed a deal to buy engines from European aircraft maker Airbus for its new fleet of aircraft.
In March AirAsia signed an order to buy 60 Airbus A320-200 aircraft for MYR14.4bn. In a statement to the local stock exchange, AirAsia said it will also buy 120 engines and nine spare engines from Airbus for the 60 aircraft, in a deal worth USD750m.
The new aircraft, complete with the installed engines, are to be delivered over a period of up to six years, and the first two aircraft are scheduled for delivery in December 2005.
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