EconomyLens.com
No Result
View All Result
Thursday, May 7, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

AirAsia signs $19bn deal for 150 Airbus A220 jets

David Peterson by David Peterson
May 6, 2026
in Other
Reading Time: 3 mins read
A A
3
19
SHARES
237
VIEWS
Share on FacebookShare on Twitter

AirAsia is looking to the new fleet from Airbus to meet future demand. ©AFP

Kuala Lumpur (AFP) – Southeast Asia’s AirAsia signed a $19 billion deal to buy 150 Canadian-made Airbus A220-300 jets, the two companies said, with the low-cost carrier adding Thursday that it could double the order to meet future demand. The deal, announced at the plane-maker’s facility in Mirabel, Canada, represents the biggest order in that country’s history, with AirAsia co-founder Tony Fernandes calling it in a statement “the perfect tool for our next phase of growth.”

Related

EU weighs options as summer jet fuel threat looms

Lobito Corridor: Africa’s mega-project facing delivery test

Victim’s lawyer alleges Boeing was ‘negligent’ in 2019 Ethiopian crash

Trump says Iran deal ‘very possible’ but threatens strikes if talks fail

Musk’s SpaceX strikes data center deal with Anthropic

“This order reflects our long-term discipline and the scale of our ambitions.” Southeast Asia’s largest low-cost carrier said the agreement had “the strategic flexibility to upsize the commitment to 300 of the A220 Aircraft Family to meet future demand.” Airbus Commercial Aircraft CEO Lars Wagner said the A220 planes will “open up new routes across Asia that were not feasible before.”

Once the new fleet is delivered in 2028, it will also free up larger aircraft to focus on long-haul routes to North America, Australia, and Europe, he said. With the order, AirAsia is the “global launch customer” for the A220’s new 160-seat configuration, added Wagner. Canadian Prime Minister Mark Carney, who was also at the ceremony, said “the 150 aircraft will be built by Canadian workers on Canadian factory floors.”

“For thousands of engineers, electricians, steel welders, and IT specialists, it will mean high-paying and exciting work to build a remarkable aircraft that connects millions of people around the world,” he said. Canada is the only country outside of Europe to host a major Airbus programme, with the building of the A220 family.

© 2024 AFP

Tags: acquisitionaviationCanada
Share8Tweet5Share1Pin2Send
Previous Post

Tokyo leads Asia stock surge on growing Mideast peace hopes

Next Post

EU weighs options as summer jet fuel threat looms

David Peterson

David Peterson

Related Posts

Other

French aircraft carrier pre-positions for possible Hormuz mission

May 6, 2026
Other

Trump says Iran deal ‘very possible’, but threatens strikes if not

May 6, 2026
Other

G7 decries ‘economic coercion’ in swipe at China

May 6, 2026
Other

Pioneering CNN founder Ted Turner dead at 87

May 6, 2026
Other

Trump threatens new Iran strikes, piling on pressure for peace deal

May 6, 2026
Other

Hopes rise for Iran deal as US halts guiding ships in Hormuz

May 6, 2026
Next Post

EU weighs options as summer jet fuel threat looms

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

97

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

AirAsia signs $19bn deal for 150 Airbus A220 jets

May 6, 2026

Tokyo leads Asia stock surge on growing Mideast peace hopes

May 6, 2026

Lobito Corridor: Africa’s mega-project facing delivery test

May 6, 2026

Africa’s Lobito Corridor chief tells AFP business, not geopolitics, drives strategy

May 6, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.