FARNBOROUGH — Taiwan based Starlux Airlines has announced a Memorandum of Understanding for 17 Airbus A350 aircraft. The MoU is comprised of 12 A350-1000s and five A350-900s respectively.

The news follows a decision by the airline earlier this year to select Airbus for their fleet, having previously finalized leasing plans for 10 A321neo aircraft for the end of the year.

READ MORE: Farnborough: TAROM Orders Five Additional Boeing 737 MAX Planes

Starlux has recently emerged as a new full-service airline based in Taipei. The airline was founded by former EVA Air Chairman and Taiwanese aviation guru Chang Kuo-Wei.

The carrier is to receive their first A350 in late 2021 and their first A321neo in October 2019.

By the end of 2024, the carrier aims to have 27 planes and by 2030, operate a fleet of nearly 50 aircraft.

The carrier plans to launch their first flights in 2020. They will begin operations with routes from Taipei to southeast and northeast Asian destinations before advancing onwards to North America for their long-haul operations.

READ MORE: Farnborough: United Airlines Orders Four Boeing 787-9 Dreamliners

The delivery schedule states that the 10 A321neos will arrive between 2019 and 2021, with 5 A350-900s arriving between 2021 and 2022 before the 12 A350-1000s being delivered between 2022 and 2024.

Starlux currently has authorized capital of $1 billion as well as paid-up capital of $20 million.

For Airbus, this order, alongside this morning’s order made by Sichuan Airlines for 10 A350XWBs, brings the total order count for Airbus to 27 aircraft in the early morning of Monday at Farnborough.

READ MORE: Farnborough: United Airlines Signs for 25 Embraer E175s

This is strengthening the A350 program even further and is ultimately bringing it closer to 1,000 units ordered.

A total of 180 A350XWBs have already been delivered by Airbus to 19 carriers across the world, the 19th of which being Philippine Airlines.

Airways is LIVE at the Farnborough Airshow 2018. Follow our rolling coverage on Twitter at @AIRWAYSLIVE and @AIRWAYSMAGAZINE.