AirAsia To See Long-Term Benefits - Analysts

KUCHING: The recent decision made by AirAsia Bhd (AirAsia) to defer deliveries of ten A320 aircraft from 2012 to 2015 was generally seen by analysts as a good decision, bearing long term benefits to the low cost carrier.

In its research report yesterday, ECM Libra Capital Sdn Bhd (ECM Libra) believed the decision was made to allow the group to switch from its order of the classic Airbus A320s to a newer variant, the A320 NEO (New Engine Option), which was designed to reduce fuel consumption by eight to 15 per cent.

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