AirAsia X won’t buy ‘too expensive’ Airbus A350, says co-group CEO

April 16, 2018 8:49 AM

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The Airbus A350 XWB flight-test aircraft is seen during a media day event at Guarulhos airport in Sao Paulo August 7, 2014. ―Reuters picSINGAPORE, April 16 — Malaysia’s AirAsia X Bhd has no plans to buy the Airbus SE A350 widebody jet, the airline’s co-group CEO said today, 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 US$296.4 million price of the A330-900neo. 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 US$325.8 million.

Source: themalaymailonline.com

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