Airbus Inks $20 Billion Malaysia Jet Deals on Anwar Trade Trip

Malaysia’s biggest airlines sealed Airbus SE deals worth $20 billion as Prime Minister Anwar Ibrahim wrapped up his European tour.

AirAsia Bhd. reached a tentative agreement to purchase as many as 70 extended-range Airbus single-aisle jets that could reach $12.3 billion. Malaysia Airlines Bhd. ordered 20 more A330neo widebody planes, in a deal worth $7.5 billion, according to Bloomberg calculations before industry discounts are applied.

With aircraft diplomacy taking center stage, the Malaysian government also said it was planning to purchase two maritime patrol aircraft for the Royal Malaysian Navy, 28 Leonardo SpA AW149 helicopters, and naval vessels from Italy ...