Monday 11 July 2016

Airbus said to near US$12.6b AirAsia deal for A321neos

Airbus Group SE is poised to win an order for as many as 100 jetliners from AirAsia Bhd., people familiar with the matter said.

The deal may be announced as early as tomorrow, said the people, who asked not to be named because the discussions are private. The purchase would consist likely of A321neo narrow-body aircraft, which have a list price of $125.7 million apiece. Buyers typically negotiate discounts.

The Asian low-cost carrier will use at least some of the narrow-body planes to provide stepped-up service to India, one of the people said. Home to the world's fastest-growing major aviation market, India posted 20 percent growth in air travel last year, according to the International Air Transport Association. In comparison, passenger traffic in China rose about 10 percent and less than 5 percent in the U.S., IATA said in a December presentation.

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