MALAYSIA: AirAsia X orders 10 Airbus A350 XWB

AirAsia X, the long haul low cost affiliate of Malaysia’s AirAsia Group, has placed a firm order with Airbus for 10 A350-900 XWB aircraft. The airline will use the aircraft on a network linking its Asian hub in Kuala Lumpur with destinations worldwide, especially in Europe and Australia. “Business is all about timing and long-term […]


A350 XWB AirAsia X Airbus low-cost airline Tony Fernandes



AirAsia X, the long haul low cost affiliate of Malaysia’s AirAsia Group, has placed a firm order with Airbus for 10 A350-900 XWB aircraft. The airline will use the aircraft on a network linking its Asian hub in Kuala Lumpur with destinations worldwide, especially in Europe and Australia.

“Business is all about timing and long-term strategy,” said Tony Fernandes, director and founder of AirAsia X. “At AirAsia we have always planned for the long-term. By buying the A350 XWB the strategy of AirAsia and AirAsia X is now fixed all the way to 2020. The vision of creating the world’s first long haul and short haul low-cost airline is completeand we are all very excited.”

MALAYSIA:MAS in red but eyes full-year profit Malaysia Airlines (MAS) has posted a first-quarter loss of MYR694.8 million (US$196.8 million) compared to a MYR120.5 million profit in the first three months of 2008 on the back of the “collapse in demand”.

The cargo division, MASkargo sunk MYR85 million in the red while its passenger counterpart unit suffered a MYR42.5 million loss. The group’s first loss since the 2006 third quarter was a result of a “triple squeeze – over capacity, extreme fuel volatility and a global slump which hit passenger and cargo demand,” MAS said.