Jul
15

Airbus Is Said to Near $29 Billion Deals With Asian Carriers

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  • Budget carrier AirAsia is said to weigh $23 billion jet order
  •  Asian carriers are buying jets as economic growth fuels travel

Airbus SE is closing in on $29 billion of deals with Asian carriers that are expanding their fleet because of surging travel demand in the region, according to people familiar with the matter.

The European manufacturer is working on a blockbuster agreement to sell $23 billion worth of aircraft to AirAsia Group Bhd., the continent’s biggest budget carrier, said the people, who asked not to be identified discussing private talks. Airbus is separately nearing an accord to sell wide-body jetliners valued at about $6 billion to Taiwanese startup StarLux Airlines, said a person familiar with the matter. The deals are based on list prices and discounts are customary for bulk orders…

Airbus Is Said to Near $29 Billion Deals With Asian Carriers

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