Total List Value: $69.2 Billion
AirAsia orders 200 A320neo aircraft
AirAsia, the largest low cost airline in the Asia-Pacific region, has placed a firm order with Airbus for 200 A320neo aircraft. The contract, announced at the Paris Air Show today, is the largest order ever placed for the A320 Family and makes AirAsia the biggest airline customer for the Airbus single aisle product line worldwide. AirAsia announced that its A320neo aircraft will be powered by CFM International’s new LEAP-X engines.
Altogether, AirAsia has now placed firm orders for 375 A320 Family aircraft, with 89 already in service on the carrier's fast-growing pan-Asian network. In addition, the carrier's long haul affiliate AirAsia X is also an all-Airbus customer having placed orders for 38 widebody aircraft.
“With this historic deal AirAsia has secured its future with the ability to meet the huge growth potential offered by the Asian market," said Tan Sri Dr Tony Fernandes, Group Chief Executive Officer, AirAsia. "Our decision to be one of the launch customers for the A320neo will ensure that we remain at the forefront of our business, with one of the world's youngest and most modern fleets."
“Thanks to the incredible entrepreneurial spirit of Tony Fernandes and the energy of his team, Air Asia has established itself as one of the fastest-growing, most innovative and respected airlines in the business," said Tom Enders, President and Chief Executive Officer, Airbus. "This landmark deal is the strongest endorsement yet of our decision to invest in the development of the A320neo and further consolidates the market-leading position of the Airbus single aisle product line."
Incorporating new engines and large wing tip devices called sharklets, the A320neo will deliver fuel savings of 15 percent and additional range capability of 500 nautical miles (950 kilometers), or the ability to carry two tonnes more payload at a given range. For the environment, the fuel savings translate into some 3,600 tonnes less CO2 per aircraft per year. In addition, the A320neo will provide a double-digit reduction in NOx emissions and reduced engine noise. The A320neo will have over 95% airframe commonality with the existing models, enabling it to fit seamlessly into existing A320 Family fleets.
The A320 Family (A318, A319, A320 and A321) is recognised as the benchmark single-aisle aircraft family. Over 7,000 A320 Family aircraft have already been ordered and more than 4,700 delivered to more than 330 customers and operators worldwide.