PARIS/SEOUL: Budget airline AirAsia is in negotiations with Airbus to convert some existing narrow-body plane orders to the long-range A321XLR model as it sets a path out of restructuring, two industry sources said on Thursday.
Tan Sri Tony Fernandes, CEO of AirAsia owner Capital A Group, told Reuters last month that he was in talks to buy 50 to 70 of the latest Airbus model within one to three months, but signalled the first priority was to complete the group's financial reorganisation.
