Thursday, May 19, 2011

AirAsia X inks US$600m deals to buy General Electric engines

KUALA LUMPUR: AirAsia X has inked a contract worth US$600 million with General Electric to purchase the jet engines for its new aircraft.

Under the agreement, the long haul, low fare affiliate of AirAsia Group'' would purchase CF6-80E1 engines to power the three new A330-200s (with the option of two additional aircraft).

It signed the firm contract with GE on Wednesday, May 18 in New York.'' The aircraft which is scheduled for delivery from 2012, will be operated on the carrier's expanding network, offering low fare service to destinations in Europe, Asia and the Pacific.

AirAsia X also signed a 20-year on-point solutions agreement with GE for the maintenance, repair and overhaul of the CF6-80E1 engines.

The CF6-80E1 engines supplied by GE will enhance AirAsia X's long-haul operations as it provides greater range, improved fuel burn and proven stall-free reliability.

The A330-200, which is capable of flying non-stop from Kuala Lumpur to Europe, will be configured in a two class layout with 24 premium flatbeds and 264 economy seats.

AirAsia X chief executive officer Azran Osman-Rani and GE Aviation's vice president and general manager of global sales Kevin McAllister signed the agreements in the presence of Prime Minister Datuk Seri Najib Tun Razak.

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