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AirAsia to buy 80 new aircraft ..BY: By Chong Pooi Koon ..LD: KUALA LUMPUR, Sat - Low-cost carrier AirAsia Sdn Bhd will buy up to 80 new aircraft over the next four to eight years to cater for its regional expansion. Its chief executive, Tony Fernandes, s.

Asia Africa Intelligence Wire

| June 20, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From New Straits Times (Malaysia))

KUALA LUMPUR, Sat - Low-cost carrier AirAsia Sdn Bhd will buy up to 80 new aircraft over the next four to eight years to cater for its regional expansion.

Its chief executive, Tony Fernandes, said there were still many points in Asia which were not connected and the no-frills carrier could do with more aircraft to make its presence felt there.

"It is a good time to look at buying aircraft now and to be a dominant low fare airline in Asia," he said at a Press conference today.

AirAsia will buy the aircraft from either Airbus or Boeing. It is looking to buy the Boeing 737-700, Boeing 737-800 or the A319 and …

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