Thu, Feb 17, 2022
Up-and-Comer Places Order for 28 More Airbus Narrowbodies
Kuwaiti airline Jazeera Airways has been on a continuous growth streak in recent years, and their most recent deal with Airbus will net them an additional 28 aircraft for their own fleet, a long way from their early fleet of leased aircraft.
The signed MOU will get them 20 A320neos and 8 A321neos, a good mix for their usual assortment of routes throughout the Middle East and Asia.
The post-pandemic travel surge seems to continue unabated if aircraft sales are any indicator of where the industry's heart is. A large purchase of aircraft to those airlines who usually preferred to leave the trouble and risk of direct ownership to their lessors could be said to show a level of confidence with future travel demand, or more cynically, a desire to retain assets in-hand amid uncertain economic fluctuations. Jazeera seems to feel that there is plenty of room to grow, with routes perfectly suited to the neo family of aircraft. The flexibility and economy of the newer, cleaner-burning aircraft boasts 20% fuel savings and CO2 reduction over previous generation A320 and A321s.
“Jazeera Airways is a long-standing partner of Airbus and we are delighted to see them grow their all-Airbus fleet with an additional 28 A320neo Family aircraft”, said Christian Scherer, chief commercial officer and head of Airbus. “The A320neo Family offers the right size, economics and customer comfort for Jazeera Airways to serve its growing customer base and open new routes competitively. We salute team Jazeera for their remarkable development and thank them for their trust and for this important order”.
“We are pleased to confirm this latest order with Airbus,” said Rohit Ramachandran, Jazeera Airways CEO. “By taking both A320neo and A321neo versions we will have great flexibility to extend our network to medium and longer haul destinations from Kuwait, offering passengers more choice to travel and enjoy popular destinations as much as underserved ones.”
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