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AirAsia Signs Landmark Agreement to Purchase up to 70 Airbus A321XLRs

AirAsia has signed a Memorandum of Understanding with Airbus for the purchase of 50 Airbus A321XLRs, plus 20 options, to support the expansion of their global low-cost network, and further positioning Kuala Lumpur and Bangkok as key Aviation hubs.


Prime Minister of Malaysia YAB Dato’ Seri Anwar Ibrahim witnessed the signing of the Memorandum of Understanding between Capital A CEO Tony Fernandes and Christian Scherer, CEO Commercial Aircraft, Airbus, in Paris today, alongside several Malaysian Cabinet Ministers – Courtesy AirAsia
Prime Minister of Malaysia YAB Dato’ Seri Anwar Ibrahim witnessed the signing of the Memorandum of Understanding between Capital A CEO Tony Fernandes and Christian Scherer, CEO Commercial Aircraft, Airbus, in Paris today, alongside several Malaysian Cabinet Ministers – Courtesy AirAsia

On Saturday (July 5, 2025) AirAsia announced the signing of a landmark Memorandum of Understanding (MoU) with Airbus valued at $12.5 billion for the purchase of 50 Airbus A321XLRs, with rights for 20 more, which will enable the carrier to offer flights to longer-range underserved routes more efficiently across Central Asia, the Middle East and Asia.  With this agreement, the carrier has taken a major step towards becoming the world’s first low-cost narrow-body network carrier, anchored by its multi-hub strategy.  The AirAsia Group plans on carrying 150 million guests annually by 2030.


Speaking at Saturday’s signing ceremony, Capital A’s CEO and Advisor & Steward of AirAsia Group, Tony Fernandes, said,


“We pioneered low-cost travel in Asia – now, we are taking it to the next level.  AirAsia is on a transformative journey to become the world’s first low-cost network carrier.  This is about exponential growth, connecting geographies beyond Asean, and making flying even more democratic.  We gave people in Asean the opportunity to explore Asia – now we want the world to see Asean, and Asean to see the world.  The A321XLR and A321LR are the game-changers enabling this vision, and we are proud to lead the charge in making our world smaller.  We can’t wait to paint the skies even wider in red.”


Also commenting on the milestone A321XLR order, Airbus Commercial Aircraft’s CEO, Christian Scherer, added,


“We are pleased to confirm this agreement, as AirAsia Group begins its next development chapter.  Having resumed its growth trajectory, which we salute and support, the airline is creating solid fleet efficiencies, allowing global network expansion.  The A321XLR unlocks new opportunities for AirAsia to launch non-stop flights linking primary and secondary cities all around the globe.”


AirAsia’s new A321XLRs will operate alongside the carrier’s all-Airbus fleet of A320 Family and A330 aircraft, supporting its long-term strategy to deliver unmatched connectivity across Asia and beyond, while maintaining a low-cost model.  AirAsia’s multi-aircraft strategy enables the airline to match capacity with demand, reduce fuel consumption, and support a sustainable, cost-effective growth model in a highly competitive environment. The A321XLR delivers an up to 20 percent reduction in fuel use per seat compared to the A321neo, along with significantly improved emissions.


 

Source: AirAsia

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