Transportation

AirAsia Signs Major Deal for Airbus A220 Jets Made in Canada

An Airbus AirAsia aircraft at Kuala Lumpur International Airport Airport in Sepang, Selangor, Malaysia.

Photographer: Samsul Said/Bloomberg

AirAsia X Bhd will buy 150 Canadian-made Airbus SE A220 aircraft, a multibillion-dollar sale for the European planemaker that will provide a boost for its manufacturing site in Quebec.

Tony Fernandes, co-founder of the Southeast Asian budget carrier, signed the agreement at the Airbus Canada factory in Mirabel, Quebec, where the plane is made. The announcement confirms an earlier Bloomberg News report.