AirAsia to order more Airbus A320s- worth $6.7 billion
Malaysian airline AirAsia Bhd (AIRA.KL: Quote, Profile , Research) is set to to order 100 Airbus jetliners, increasing its existing order for single-aisle A320s, as it looks to expand its service in Southeast Asia, The Wall Street Journal reported on Wednesday, citing a person it said had knowledge of the decision.
The order would be worth $6.7 billion based on list prices, the Journal said. It would mark a huge win for Airbus, majority-owned by European aerospace group EADS (EAD.PA: Quote, Profile , Research), against U.S. rival Boeing Co. (BA.N: Quote, Profile , Research). The low-cost carrier expects to take delivery of the new planes starting in 2012, the Journal said.
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