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A320neo hijacks orders at Paris

 

 
 
By Sangeeta Saxena Published: August 2011
 
 
 
 
 

Paris. The A320neo is an efficiency improvement package which Airbus is offering as an option for the A319, A320 and A321 models of the A320 Family. Entry into service will start in October 2015 with the A320neo, to be followed by the A319neo and finally the A321neo. The A320neo has won more than 1,000 orders and commitments since the launch in December 2010.

 

Incorporating both Sharklets and new more fuel-efficient engines, the key benefits of the A320neo compared to today’s A320 have 15% reduced fuel burn equivalent to 3,600 tonnes of CO2 savings per year per A320neo, two tonnes additional payload or up to 500 nautical miles/950 kilometres more range, significantly reduced noise, eight percent lower cash operating costs and the two new engine options of Pratt & Whitney’s PurePower PW1100G geared turbofan and CFM International’s LEAP-X.

A320neo outperforms the competition 16% less fuel burn per seat compared to Boeing’s wingletequipped 737-800; equivalent fuel burn to the Bombardier C-Series (CS300) but with 1,300 nautical miles more range; 95 percent airframe spares commonality with the A320 Family which has proven its very high level of reliability (99.7 percent) in over 54 million flights, Airbus said in a statement.

India’s largest low-cost carrier, IndiGo firmed up its historic order for 180 airbus single aisle aircraft. The firming up of the order for 150 A320neo and 30 A320 follows the Memorandum of Understanding (MoU) signed earlier in January. Rakesh Gangwal, co-founder of IndiGo said, “This order will allow IndiGo to continue to offer low fares.”

AirAsia, the largest low cost airline in the Asia-Pacific region based in Malaysia, has placed a firm order with Airbus for 200 A320neo aircraft. The contract, announced at the Paris Air Show, is the largest order ever placed for the A320 Family and makes AirAsia the biggest airline customer or the Airbus single aisle product line worldwide. AirAsia announced hat its A320neo aircraft will be powered by CFM International’s new LEAP-X engines. Said Tony Fernandes, Group Chief Executive Offificer, AirAsia: “Our decision to be ne of the launch customers for the A320neo will ensure that we remain t the forefront of our business, with one of the world’s youngest and most modern fleets”.

India’s GoAir has also selected the A320neo for its long term fleet expansion plans with a firm order for 72 aircraft. The agreement was signed at Le Bourget. “Today we have shown our commitment to the growth of our airline and to our loyal customers. The combined order for 92 Airbus aircraft (20 A320s and 72 A320neo) reinforces our longstanding partnership with the leading manufacturer and the leading aircraft the market has to offer,” said Jeh Wadia, Managing Director, Go Airlines. “We are delighted with GoAir’s endorsement of our A320neo.

As an established operator of the A320, GoAir clearly recognises the benefits and productivity gains of being able to operate A320s and A320neo harmoniously in a single fleet,” said Tom Enders, President and Chief Executive Officer, Airbus.

Republic Airways Holdings, Inc., the parent company of U.S.-based Frontier Airlines announced a memorandum of understanding (MOU) for 40 A320 New Engine Option (A320neo) aircraft and 40 A319neo aircraft. Bryan Bedford, chairman, president and CEO of Republic Airways said, “The addition of these state-of-the-art, fuel-efficient aircraft to our fleet will be a major factor in Frontier maintaining its position as an industry cost leader and will allow Frontier to continue to offer travelers low fares despite persistently high fuel prices.”

Another New York-based airline JetBlue Airways and Airbus announced a memorandum of understanding (MOU) for the airline to purchase 40 A320neo (new engine option) aircraft. In addition, the MOU will result in JetBlue converting 30 of its current orders for A320 aircraft to the larger A321 model with enhanced wingtip devices called Sharklets. “JetBlue’s very first flight was operated by an A320, and with today’s news, we are further planning our future fleet with Airbus, our longest-standing business partner,” said Dave Barger, President and CEO of JetBlue Airways.

Air Lease Corporation (ALC), the Los Angeles based aircraft leasing company has opted to expand its single-aisle and wide-body fleet portfolio with modern, ecoefficient Airbus aircraft. ALC signed a Memorandum of Understanding (MoU) at the 49th Le Bourget Airshow for 50 A320neo Family aircraft including 14 options. Steven Udvar- Hazy, ALC’s CEO stated, “The A330 Family offers excellent economics in the mid-size widebody category today making it the ideal aircraft, right now and therefore an absolute must for the growth of ALCs portfolio”.

GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric announced a firm order for 60 A320neo Family aircraft at Le Bourget airshow. GECAS has selected CFM’s LEAP-X engine for all 60 A320neo aircraft. “The A320neo Family will bring fuel savings to customers while offering the same levels of in-service reliability they expect,” said Norman CT Liu, President and CEO of GECAS. “We have a solid track record of placing A320s with customers around the globe.”

CIT Group Inc. the global commercial finance company, has signed a Memorandum of Understanding (MoU) with Airbus for 50 A320neo Family aircraft. This order brings the total number of aircraft in the Airbus order book for CIT to 241 aircraft, comprising 195 A320 Family aircraft (including the 50 A320neo aircraft), 39 A330s, seven A350 XWBs.

LAN Airlines, one of Latin America’s leading passenger and cargo airlines placed a firm order at Le Bourget Airshow for 20 A320neo aircraft as part of its expansion strategy and fleet renewal program. The airline became the first in the region to sign a firm order for the A320neo. Engine selection will be announced by the airline at a later date.

ALAFCO, the Kuwait-based international Aviation Lease and Finance Company, has signed an agreement for 30 Airbus A320neo aircraft. The Memorandum of Understanding (MoU) was signed at the Le Bourget. It follows the placing of an earlier firm order for six A350- 900 aircraft.

SAS also signed a firm order for 30 A320neo Family aircraft. The new A320neos will join the airline’s existing fleet of eight A321s and four A319s, and enable SAS to transition to an all-Airbus fleet at its prime Copenhagen base. “This aircraft order, on the newest Airbus A320, is a significant and important step in our renewal and harmonization of our aircraft fleet. Through this, we will operate with the market’s most efficient and environmental friendly short and medium distance aircraft,” said Goran Jansson, SAS Deputy President & Chief Financial Officer.

Another fact which came forth at the Paris Air Show is that the big orders are coming from the Asian and South American nations indicating continuing shift in economic power from west to east. So Airbus has targeted the most potential market and the strategy has worked.

 
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