During Malaysian Prime Minister Anwar Ibrahim’s official visit to France, AirAsia and Airbus signed a landmark memorandum of understanding for 50 A321XLR jets, with options for 20 more, valued at $12–12.3 billion . The agreement, witnessed by PM Anwar and President Macron, reflects the culmination of AirAsia’s fleet expansion strategy.
Powerful Reach with Narrowbody Jets
The A321XLR—the longest-range narrowbody on the market—will allow AirAsia to enter new high-yield routes to China, India, Europe, and the Middle East, without the costs and complexities of widebody aircraft . Deliveries are expected to begin in 2028, enabling route flexibility.
Key Milestone in Financial Restructuring
This order marks a pivotal stage in AirAsia’s journey out of its PN17 distressed status, consolidating its short- and long-haul operations under one streamlined structure . CEO Tony Fernandes confirmed talks for more aircraft—including A220s or Embraer E2 jets—and highlighted the airline’s shift to a powerful, modern narrowbody fleet .
Diplomacy Meets Aviation
The deal underscores the rising importance of aircraft diplomacy between Malaysia and France. Alongside the AirAsia order, PM Anwar’s visit also included defense aircraft and helicopter purchases, reinforcing broader economic collaboration . The agreement signals AirAsia’s global ambitions—envisioning new hubs in the Gulf and Europe.
