Farnborough: Malaysian airline AirAsia X on Tuesday signed an outline agreement to buy 50 A330-900-neo passenger planes from Airbus, the European planemaker said here.

The deal is worth $13.75 billion (€10.11 billion) at catalogue prices. Plans for the neo, a new version of the long-standing A330 with upgraded Rolls-Royce engines, were launched by Airbus at the Farnborough airshow on Monday.

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