Airbus Updates No.297

SAS CONFIRM AIRBUS ORDER FOR 30 AIRBUS A320NEO AIRCRAFT....................

STOCKHOLM (Dow Jones)--Scandinavian airline SAS AB (SAS.SK) said Monday it has placed an order for 30 Airbus A320neo with the option of a further 11, with first delivery from the second half of 2016 and final delivery during 2019.

-Based on Airbus list prices and before any discounts, the value of the firm order is approximately SEK18 billion.
-As from 2015 SAS' short-and medium distance aircraft will consist of two aircraft types: Airbus A320 at the base in Copenhagen and Boeing 737NG at the bases in Stockholm and Oslo.
-As part of the transition, all the MD80s in Copenhagen will be replaced by leased Airbus A320 and be completed by the end of 2014 which in turn will be replaced as from 2016 by the now 30 ordered Airbus A320neo.
-SAS Group expects to finance the aircraft through a combination of leasing and loans.
-All the MD80s at the base in Stockholm will be replaced by leased Boeing 737NGs, which will be completed during 2013.
-Finally all the Boeing 737 Classics at the base in Oslo will be replaced by Boeing 737NGs and this will be completed by the end of 2014.
-The fuel consumption and the carbon emissions per available passenger kilometers decreases by more than 20% when an MD-80 is replaced by a B737NG or an aircraft in the Airbus 320 family of the same size.
-When an aircraft of today's A320 fleet are replaced with an aircraft of the newest A320neo, the fuel consumption and carbon emissions per available seat kilometers will be reduced by additional 15%.
-SAS has chosen the CFM LEAP-X1A engine to power the A320neos. CFM is a joint venture of Snecma (Safran Group) (SAF.FR) and GE Engines (GE).
-The list price for an Airbus A320neo is approximately $90 million.