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AirAsia X won't buy "too expensive" Airbus A350: co-group CEO

From Reuters - April 16, 2018

SINGAPORE, April 16 (Reuters) - Malaysias AirAsia X Bhd has no plans to buy the Airbus SE A350 widebody jet, the airlines co-group CEO said on Monday, despite the airline having 10 of them on order.

The A350 is not an aircraft we will buy, AirAsia X co-group CEO Tony Fernandes said in a Facebook Live chat from London. Too expensive. Fares would go up.

AirAsia X, the long-haul arm of AirAsia Bhd, 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.

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.

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