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PanAm_DC10
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AirAsia To Order Another 20 A320

Thu Mar 24, 2005 5:29 pm

After AirSaia's recent order for 40 firm A320 they intend to order another 20 firm next week and retain 40 Options. This will take total commitment to 60 firm plus 40 Options. We should see confirmation next week.

KUALA LUMPUR (AFX) - Budget airline AirAsia plans to raise its confirmed
orders for Airbus aircraft to 60 from 40 presently, chief executive officer Tong
Fernandes said.
"We have confirmed orders for 40 Airbus planes and are planning to raise
that to 60, with an option for an additional 40," he told reporters without
giving further details.
"We will come out with an announcement on this next week," he said, adding
that the additional orders were needed to meet the company's expansion plans
over the next few years.


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