AirAsia inks $19B Airbus order, boosting Canada’s aircraft output ambitions

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Source: Financial Times
AirAsia inks $19B Airbus order, boosting Canada’s aircraft output ambitions
Photo: Financial Times
TL;DR Summary

AirAsia’s $19bn deal for 150 Airbus A220-300 jets marks Canada’s biggest-ever aircraft order, with potential to reach $38bn if AirAsia exercises options for the A220-500. The jets will be assembled at Airbus’s Mirabel, Quebec, and Mobile, Alabama sites as Airbus aims to ramp production to about 12–13 aircraft per month by 2026–28, despite integration challenges from Spirit AeroSystems. Canadian Prime Minister Mark Carney hailed the deal as a win for diversifying Canada’s trade.

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