Garuda Indonesia orders up to 30 Airbus jets

Garuda Indonesia airline is on a buying spree at the Paris Air Show.

Airbus announced Monday that the Indonesian flagship carrier signed a letter of intent for 30 wide-body A350 jets, which could serve routes from Jakarta or Bali to Europe. If confirmed, the order would be worth up to $9 billion at list prices, though airlines usually negotiate discounts.

Earlier Monday, Boeing announced a tentative order by Garuda Indonesia for up to 60 jets.

Asian carriers are expected to dominate global aircraft demand over the next two decades, with Boeing estimating that roughly two out of every five new planes will head to Asia.