Malaysian airline AirAsia Bhd (5099.KU) is talking to Airbus about buying more of its wide-bodied A330 jets for its AirAsia X long-haul subsidiary, but would buy even more if Airbus decided to launch a version with more powerful engines, Chief Executive Tony Fernandes is quoted as saying in an interview in Tuesday's edition of Les Echos.
Mr. Fernandes says that if he were running Airbus he would drop the A380 superjumbo, as "the days of very large four-engined airliners are counted."
Airbus is a unit of European Aeronautic Defence & Space Co. (>> EADS)
Mr. Fernandes' U.K. sports car company Caterham has a joint venture with French auto maker Renault SA (rno.fr) to develop a sports car that will be sold by both companies, starting in 2015 or 2016. Mr. Fernandes said he envisages other models for the joint venture that could include sports utility vehicles and small cars, as well as sports cars. Also, he said he would like to create a project with Renault's low-cost subsidiary Dacia to make low-cost vehicles aimed at the Asian market.
Newspaper Web site: http://www.lesechos.fr
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Stocks mentioned in the article : EADS