KUALA LUMPUR (Reuters) -Malaysia’s AirAsia Group Bhd said it has reached a deal with Airbus SE to restructure an order for 362 narrowbody planes worth tens of billions of dollars, including switching 13 A320neos to the larger A321neo model. AirAsia received its first A321neo in November 2019 and currently has four in service after halting deliveries during the pandemic. Airbus sold six A321neos that had been built for AirAsia last year, industry sources have said. Other airlines with large plane orders, most of which are in Asia, are also in the midst of restructuring their orders or are expected to press for relief. AirAsia Group President Bo Lingam said the airline had thoroughly reviewed its network and fleet strategy as it prepares for travel to resume.

Source: MetroXpress October 06, 2021 03:45 UTC