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Airbus fails to break deadlock over AirAsia A330neo jet order: Report

After a string of market losses to Boeing's competing 787 Dreamliner, the future of the deal with the airline's AirAsia X long-haul unit is which is a key source of profits at the European group

Airbus's company logo is pictured at the Airbus headquarters in Toulouse
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Airbus's company logo is pictured at the Airbus headquarters in Toulouse

Reuters Paris
Airbus has failed to break an impasse with AirAsia over the fate of a multi-billion-dollar order seen as key to the future of its A330neo passenger jet, people familiar with the matter said.

AirAsia co-founder Tony Fernandes visited the planemaker this week for talks aimed at shoring up and increasing the existing order for 66 jets but left Toulouse without signing a deal after what one source described as challenging talks.

The future of the deal with the airline's AirAsia X long-haul unit is crucial to the latest version of the A330, a key source of profits at the European