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‘AirAsia-Airbus deal supports Malaysia’s aim to be Asian aviation hub’

5 Jul 2025, 3:11 AM
‘AirAsia-Airbus deal supports Malaysia’s aim to be Asian aviation hub’

PARIS, July 5 — A deal between AirAsia and Airbus for the purchase of A321XLR aircraft will strengthen the airline’s operational capabilities for short- and medium-haul routes, said Prime Minister Datuk Seri Anwar Ibrahim.

Speaking after witnessing the signing ceremony here yesterday, Anwar said the acquisition will not only enable the airline to expand its network, but also support Malaysia’s aspiration to become a leading aviation hub for Asia.

AirAsia is buying US$12.25 billion (RM51.72 billion) worth of long-range Airbus 321XLR aircraft, with deliveries confirmed by 2028.

The low-cost carrier inked a memorandum of understanding (MOU) with Airbus in Paris today for 50 A321XLRs, with conversion rights for another 20 A321XLRs, the new fleet of which are set to serve Central Asia, the Middle East and Europe.

Anwar also witnessed an MOU exchange between 3P Capital Advisers and Ardian, a leading private investment firm from France, for the exploration of investment opportunities in the private markets.

The private sector initiative can give Malaysians wider access to alternative investments, Anwar said.

Meanwhile, during his meeting with Imerys, an industrial mineral processing company that has been operating in Malaysia for over 25 years, Anwar said the company expressed its commitment to expand operations and support the development of a high-value, environmentally friendly manufacturing sector in the country.

Anwar also met with the management of Arkema, a global leader in specialty chemicals, which is evaluating potential new investments in Malaysia.

He said the company could create more high-skill jobs, expedite technology transfer, and enhance Malaysia’s position as a major bioeconomy hub for Asia.

Anwar is leading a delegation to France on a two-day official visit.

— Bernama

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