{"id":63222,"date":"2018-04-16T11:53:54","date_gmt":"2018-04-16T11:53:54","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=63222"},"modified":"2018-04-16T11:53:54","modified_gmt":"2018-04-16T11:53:54","slug":"airasia-x-wont-buy-expensive-airbus-a350-co-group-ceo","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/business\/airasia-x-wont-buy-expensive-airbus-a350-co-group-ceo.html","title":{"rendered":"AirAsia X won&#8217;t buy &#8216;too expensive&#8217; Airbus A350: co-group CEO"},"content":{"rendered":"<h2 style=\"text-align: justify\"><strong><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 18pt;color: #000000\">AirAsia X won&#8217;t buy &#8216;too expensive&#8217; Airbus A350: co-group CEO<\/span><\/strong><\/h2>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Malaysia\u2019s AirAsia X Bhd (AIRX.KL) has no plans to buy the Airbus SE (AIR.PA) A350 widebody jet, the airline\u2019s co-group CEO said on Monday, despite the airline having 10 of them on order.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">\u201cThe A350 is not an aircraft we will buy,\u201d AirAsia X co-group CEO Tony Fernandes said in a Facebook Live chat from London. \u201cToo expensive. Fares would go up.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">AirAsia X, the long-haul arm of AirAsia Bhd (AIRA.KL), placed a firm order for 10 A350s in June 2009. It later ordered 66 A330neos, an updated version of the A330s it has in its current fleet.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The A350-900 has a longer range but also comes with a higher list price of $317.4 million, compared with the $296.4 million price of the A330-900neo. Airlines typically receive large discounts from the list prices.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Manufacturers sometimes allow airlines to swap models even though they have placed firm orders and paid deposits, meaning AirAsia X might be able to convert the A350 order to other Airbus jets like the A330neo or A320 family.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The AirAsia group is one of Airbus\u2019 largest customers, but AirAsia X has also been talking to Boeing Co (BA.N) about buying the rival 787-10 jet, according to a source familiar with the discussions.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">A final decision on AirAsia X\u2019s future fleet is expected later this year, the source said on condition of anonymity. The 787-10 has a list price of $325.8 million.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">A spokeswoman for the AirAsia group said it was unable to comment on the fate of the A350 orders or whether the airline was in talks with Boeing about the 787-10.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Reporting by Jamie Freed in Singapore; Additional reporting by Joseph Sipalan in Kuala Lumpur; Editing by Muralikumar Anantharaman<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 8pt;color: #000000\">Source:-https:\/\/www.reuters.com\/article\/us-airasia-x-airbus\/airasia-x-wont-buy-too-expensive-airbus-a350-co-group-ceo-idUSKBN1HN102<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/business\/airasia-x-wont-buy-expensive-airbus-a350-co-group-ceo.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>AirAsia X won&#8217;t buy &#8216;too expensive&#8217; Airbus A350: co-group CEO Malaysia\u2019s AirAsia X Bhd (AIRX.KL) has no plans to buy the Airbus SE (AIR.PA) A350 widebody jet, the airline\u2019s co-group CEO said on Monday, despite the airline having 10 of them on order. \u201cThe A350 is not an aircraft we [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":63223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[131595,146,117626,128711,30775,128710],"class_list":["post-63222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-airasia-x-wont-buy-too-expensive-airbus-a350-co-group-ceo","tag-business-news","tag-business-news-today","tag-latest-and-daily-business-news","tag-latest-business-news-usa","tag-live-updates-news"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/63222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=63222"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/63222\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/63223"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=63222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=63222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=63222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}