AirAsia Bhd is nearing an agreement to buy dozens more Airbus SE single-aisle aircraft in a deal that could be announced during Prime Minister Anwar Ibrahim’s state visit to France this week, according to people familiar with the matter.

The Southeast Asian low-cost carrier is working on an expanded aircraft purchase with the European planemaker, which supplies all its aircraft, said the people who declined to be identified discussing private matters. The advanced discussions for extra-long-range narrowbody aircraft could still end up with no deal, they said.

ALSO READ: M'sia to review SPACs rules to profit from blockbuster deals

AirAsia has 240 mostly single-aisle aircraft in its fleet, and a backlog of more than 350 orders for the top-selling A320 family of jets. The budget carrier has also been discussing an order for up to 100 of Airbus’ smaller A220 jets.

AirAsia’s parent Capital A declined to comment. Airbus said it does not comment on discussions it may or may not be having with customers.

Capital A Chief Executive Officer Tony Fernandes had told Reuters at the Paris Air Show last month that his budget carrier was interested in ordering between 50 to 70 Airbus A321XLR jets.