AirAsia X has signed a Memorandum of Understanding with GE for CF6-80E1 engines to power the airline’s 25 new A330s. A further three aircraft may be included at a later date. The engines will be covered by a multi-year OnPointSM solution service agreement for engine maintenance. List price on the engines is set at $1.5bn over the agreement’s lifetime. Malaysian Prime Minister Datuk Najb Tun Razak, President Barack Obama, AirAsia CEO Tan Sri Tony Fernandes witnessed the signing ceremony.