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Brazil's Azul Airlines acquires 35 A320neo jets for USD3.6b
(MENAFN) According to manufacturer Airbus, upstart Brazilian airline Azul is buying 35 fuel-efficient mid-range A320neo planes to expand its operations, The Peninsula Qatar reported.
The deal is estimated to worth USD3.6 billion at Airbus's catalogue prices, though discounts are routinely given. Azul has separately already concluded a leasing contract for another 28 A320neos.
Airbus said in a statement that Azul had chosen the A320neos to service routes within Brazil, particularly high-density ones such as between Campinas in Sao Paulo state.
"An important driver for selecting the A320neo was the aircraft's low operating costs and excellent fuel efficiency," Airbus said, adding that the planes would be equipped with CFM turbofan engines made jointly by GE Aviation.
The deal is estimated to worth USD3.6 billion at Airbus's catalogue prices, though discounts are routinely given. Azul has separately already concluded a leasing contract for another 28 A320neos.
Airbus said in a statement that Azul had chosen the A320neos to service routes within Brazil, particularly high-density ones such as between Campinas in Sao Paulo state.
"An important driver for selecting the A320neo was the aircraft's low operating costs and excellent fuel efficiency," Airbus said, adding that the planes would be equipped with CFM turbofan engines made jointly by GE Aviation.
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