Budget airline AirAsia has placed a significant order for 150 Airbus A220-300 jets, a deal valued at approximately $19 billion based on list prices, making it the largest single order for this aircraft model. Announced at an Airbus factory in Mirabel, Quebec, on Thursday, May 6, 2026, with Canadian Prime Minister Mark Carney in attendance, the order underscores the airline's commitment to efficiency and cost reduction amidst rising fuel prices, exacerbated by the Iran war. The A220's superior fuel efficiency and lower carbon emissions, coupled with its 160-seat capacity, will enable AirAsia to serve smaller, high-growth markets and secondary hubs more profitably, while freeing up larger aircraft for longer routes. This landmark order, which can be expanded to 300 aircraft, signifies AirAsia's long-term growth strategy and provides a substantial boost to Airbus's A220 order book. Deliveries are scheduled to commence in 2028, with the new jets intended for routes across Southeast Asia and the Asia-Pacific.