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Paris 2011: AirAsia eyes fleet of over 300 aircraft by 2020 with new A320neo

Analysis

AirAsia is poised to place a major new order for A320 family aircraft at next week's Paris Air Show as the low-cost airline group looks to accelerate its expansion over the next decade. The new order, which is expected to comprise at least 145 firm A320neos and include up to 335 additional aircraft when factoring in options, will cement AirAsia's position as the region's largest low-cost airline group and make it one of biggest airline groups in the world.

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