By Yantoultra Ngui

KUALA LUMPUR--Malaysian low-cost airline AirAsia Bhd (5099.KU) said Thursday it has signed a $105 million component support agreement for its fleet of Airbus A320neo passenger jets with Air France Industries KLM Engineering & Maintenance.

The value of the contract, which includes component repair services, wasn't disclosed.

AirAsia, which took delivery of its first A320neo earlier this year, said it expects to eventually have 304 A320neo jets.

Write to Yantoultra Ngui at yantoultra.ngui@wsj.com

(END) Dow Jones Newswires

December 08, 2016 04:21 ET (09:21 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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