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Aviation – American lessor ACG orders 40 A320neo type planes from Airbus

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The firm order comes with a memorandum of understanding for 20 A220s, all for an amount exceeding six billion dollars, the European aircraft manufacturer based in Toulouse announced Thursday.

The Airbus A320neo family appeals to airlines in particular because its aircraft are modern and require little fuel.

AFP

The American lessor Aviation Capital Group (ACG) has placed a firm order with Airbus for 40 A320neo family planes and signed a memorandum of understanding for 20 single-aisle A220s, the European aircraft manufacturer announced on Thursday. The total amount of this order, once finalized for the A220s, amounts to more than six billion dollars at the theoretical list price, according to the latest tariff published by Airbus in 2018.

The order for 40 aircraft of the A320neo family (A319, A320 and A321) includes 5 A321 XLRs, the very long range version of the aircraft allowing long-distance links without the loads associated with wide-body aircraft . “These highly advanced aircraft will reinforce ACG’s strategic objective of providing its airline customers with the most modern and fuel efficient aircraft available,” said ACG CEO Thomas Baker, quoted in the press release.

The Air France-KLM group abandons Boeing

This new contract marks an auspicious end to the year for Airbus, which in December alone secured a firm order for 100 A320neo family aircraft from the Air France-KLM group, together with options for 60 additional aircraft. This order is symbolic since the planes are intended for KLM, Transavia Holland and Transavia France, companies previously equipped with Boeing 737s.

The European aircraft manufacturer has also won another symbolic market from the Seattle giant, with Australian airline Qantas having signed an agreement in principle to acquire up to 134 A320s and A220s to replace the Boeing 717s and 737s used on the domestic routes of the island-continent. In November, the European aircraft manufacturer had already accumulated orders at the Dubai air show, the first to scale since the pandemic.

More than 6,250 devices to deliver

At the end of November, Airbus counted more than 6,250 single-aisle aircraft (A320 and A220 families) to be delivered, while Boeing had just under 3,400 737 type aircraft in its order book. Over the first eleven months of the year, the European aircraft manufacturer recorded 610 gross orders (368 net taking into account cancellations and modifications of orders).

(AFP)

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