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AirAsia has reached deal to restructure Airbus jet order -sources By Reuters

by Mike Robinson

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© Reuters. FILE PHOTO A passenger plane AirAsia X Airbus A340 arrives at Paris Orly Airport on February 14, 2011. File photo. REUTERS/Charles Platiau

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PARIS (Reuters) – Malaysia’s AirAsia has reached a deal with Airbus for a large outstanding order for A320-family passenger jets, industry sources said on Friday.

Asia’s largest low-cost airline group is one of the European planemaker’s biggest customers but deliveries and progress payments have been disrupted by the coronavirus crisis.

According to sources, the AirAsia agreement included a revised delivery schedule as well as price reductions for Airbus planes ordered.

Airbus refused to comment while AirAsia didn’t immediately respond to a request.

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