Malaysia's AirAsia Group Bhd is in talks with Airbus SE about its interest in the manufacturer developing a new freighter version of its A321neo passenger plane, the head of its logistics arm said on Wednesday.

AirAsia would seek to convert a "meaningful chunk" of its 362 orders for the passenger version of the A321neo narrow-body to a dedicated freighter, said Pete Chareonwongsak, CEO of AirAsia logistics division Teleport.

"For a lot of the markets that we need to reach both in range but also in capacity, it's a great product," he told reporters of...