Finance
AirAsia to place order for small jets, drop Airbus A330neo
Published by Global Banking & Finance Review®
Posted on February 11, 2026
2 min readLast updated: February 11, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 11, 2026
2 min readLast updated: February 11, 2026
AirAsia X plans a major order for small jets, excluding the A330neo, as it expands routes for first-time travelers and considers Airbus or Embraer models.
By Tim Hepher and Julie Zhu
PARIS/HONGKONG, Feb 11 (Reuters) - AirAsia X plans a significant order for small jets as it adds new routes and flights for Asia's first-time travellers, while dropping its order for 15 larger Airbus A330neo planes, the co-founder of the Malaysian airline said on Wednesday.
Tony Fernandes, CEO of parent Capital A which recently restructured its aviation arm, said a choice between Airbus and Embraer regional models would be announced within the next month and would be larger than previously reported.
The order was expected to be announced late last month, but industry sources said it had been held up while the budget carrier completed talks over financing.
"I think we're coming to the end of that journey and within the next month, we will announce the winner of the campaign," Fernandes told Reuters.
Industry sources have said AirAsia is poised to order up to 150 of Airbus' smallest A220 jets, including firm orders for 100 jets and 50 options. Sources said that could now be expanded to 150 firm orders.
AirAsia is also in the process of firming up an order for 50 Airbus A321XLR long-distance narrow-body jets, Fernandes said.
The airline entrepreneur was speaking in an interview after announcing plans for a new low-fare Middle East hub in Bahrain.
Fernandes said AirAsia, which did not benefit from government lifelines during the industry's worst crisis, was ready to resume growth but "not at the expense of margins".
(Reporting by Tim Hepher and Julie Zhu; Editing by Bernadette Baum and Anil D'Silva)
An aircraft order refers to a formal request made by an airline to a manufacturer to purchase a specific number of aircraft, often specifying the model and delivery timeline.
A low-fare airline is an airline that offers lower prices on tickets by eliminating many traditional passenger services, focusing on cost efficiency.
Route expansion in aviation refers to the process of an airline adding new destinations or increasing the frequency of flights to existing destinations.
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