Tue, Nov 15, 2011
Signs Initial Firm Order For 50 At Dubai Airshow
The Kuwait-based international Aviation Lease and Finance
Company ALAFCO has finalized a purchase order for 50 A320neo Family
aircraft and took options for 30 more to be finalized by year end.
The firm contract signed Monday at the 2011 Dubai Airshow is an
increase of the initial agreement made at the Paris Le Bourget
Airshow for 30 A320neo aircraft which are now confirmed.
ALAFCO has already ordered a total of 26 A320s of which 25 have
been delivered to date.
“The A320neo is the market’s favourite single-aisle
aircraft family,” said Ahmed Al Zabin, ALAFCO Chairman.
“The significant fuel burn savings it offers, combined with
the operational reliability and cost effectiveness of the A320
Family, make it an absolute “must have” in our
portfolio to meet the demand and the requirements of our
customers”.
“Higher fuel prices means airlines require fuel efficient
aircraft and with the A320neo offering a 15 per cent fuel burn
reduction, it is the ideal investment. The A320neo reduces
operating costs whilst enabling airlines to offer the best cabin
comfort levels,” said John Leahy, Airbus Chief Operating
Officer Customers. “This significant order from ALFACO
confirms that the neo ticks all the right boxes and is clearly the
best product on the market.”
Over 8,100 A320 Family aircraft have already been ordered and
more than 4,800 delivered to more than 340 customers and operators
worldwide reaffirming its position as the world’s
best-selling single-aisle aircraft family. The A320neo has over 95
percent airframe commonality making it an easy fit into existing
fleets while offering up to 500 nautical miles (950 kilometres)
more range or two tonnes more payload at a given range.
The A320neo is a new engine option for the A320 Family expected
to enter service from 2015 and incorporates latest generation
engines and large "Sharklet" wing tip devices, which Airbus says
together will deliver 15 percent in fuel savings.
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