AirAsia Nears 150-Jet Airbus A220 Order As Expansion Push Builds

GuruFocus
2026.05.04 12:48
portai
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AirAsia X is close to finalizing an order for approximately 150 Airbus A220 aircraft, potentially marking the largest deal for the model. This move comes amid rising fuel costs and a challenging market for the airline, which has seen its shares decline. Despite these pressures, AirAsia aims to expand its fleet and enter smaller markets, while continuing its strong relationship with Airbus. An announcement is expected soon, as the airline also plans to establish a hub in Bahrain to enhance its European connectivity.