AIRASIA CLOSE TO MAJOR NEW AIRBUS DEAL -SOURCES
* Finishing touches being placed on deal for up to 100 jets
* Deal unlikely to be announced at Berlin Airshow
* Deal seen ending flirtation with Canada's Bombardier
New York,USA - AirAsia is putting finishing touches to a deal to buy up to 100 Airbus jets, ending a flirtation with Canada's Bombardier and putting Asia's largest budget carrier on course for regional expansion, sources familiar with the matter said on Friday.
The deal for A320-family jets, potentially worth about $9 billion, is designed to fuel the growth of what is fast becoming a cluster of related airlines under Malaysian entrepreneur Tony Fernandes, who placed a record order for 200 Airbuses last year.
Demand from Asian low-cost carriers is helping to drive production at Europe's Airbus and U.S. rival Boeing to record levels, shielding aerospace workers from recession.
Talks are at the final stage but the Airbus deal will not formally be ready in time to be announced at next week's Berlin Airshow, the sources said, asking not to be identified.
08/09/2012 : Tim Hepher / Reuters India.
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