Malaysia’s AirAsia has reached a deal with Airbus to restructure an outstanding order for hundreds of 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 to the airline have been disrupted in the wake of the coronavirus crisis.
The AirAsia deal does not involve cancelling the roughly 400 jets on order but includes a new delivery schedule and price cuts or other improvements in terms, the sources said.