AirAsia Bhd reached a tentative agreement to purchase as many as 70 extended-range Airbus SE jets as Malaysian Prime Minister Anwar Ibrahim wrapped up his European tour with a deal that could reach $12.3 billion in value.
The memorandum of understanding covers 50 A321XLR jets with options for 20 more, according to a statement. The jets have the longest reach of any narrowbody aircraft, and are expected to begin arriving by 2028, Tony Fernandes, chief executive officer of AirAsia parent Capital A Bhd, told reporters.
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