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AirAsia bets big on efficiency with order for 150 Airbus A220 jets listed for $19 billion

The Independent·Eileen Ng·26 days ago
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#a220#prices#order#airasia#airbus#photo
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Budget airline AirAsia is ordering 150 Airbus A220-300 jets in a deal valued at about $19 billion at list prices, marking the largest single order ever placed for the A220 planes. The deal was announced Thursday at an Airbus factory in Mirabel, Quebec . Canadian Prime Minister Mark Carney attended. Airlines are modernizing their fleets and moving to better manage rising costs by purchasing fuel-efficient narrow-body jets. The Iran war has added to those pressures, pushing prices for all sorts of fuels higher. AirAsia said in a statement that the A220 aircraft is more fuel efficient and emits less carbon, helping to boost efficiency and better cope with high fuel prices and other costs. With a capacity of up to 160 seats, it can reach profitability with fewer passengers, helping to open up smaller, high-growth markets and secondary hubs that were previously commercially unviable, it said.…

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