Aegean A320neo family aircraft order aims to expand market, lower costs
Aegean Airlines has signed an MOU to acquire 20 Airbus A320neos and 10 A321neos, plus 12 options. Alongside the MOU, which is expected to be firmed in June, Airbus said Aegean will also acquire “a significant number” of A320neo family aircraft from leasing companies. The decision comes as Aegean Airlines prepares to grow to a 75-aircraft fleet by 2023. Aegean, which acquired Olympic Air in 2013, currently operates 46 Airbus A320-family aircraft and 12 turboprops. Aegean took most of its current A320ceos around 2007-11 and their leases will come to an end around 2023-24. If firmed, the order would be valued at US$5b at list prices, which Aegean said is the largest private investment in Greece. Aegean said it will take “at least” 10 A321neos, but under the commitment it has the right to convert further A320neos to the larger variant. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-03-29/star/aegean-a320neo-family-aircraft-order-aims-to-expand-market-lower-costs
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Aegean A320neo family aircraft order aims to expand market, lower costs
Aegean Airlines has signed an MOU to acquire 20 Airbus A320neos and 10 A321neos, plus 12 options. Alongside the MOU, which is expected to be firmed in June, Airbus said Aegean will also acquire “a significant number” of A320neo family aircraft from leasing companies. The decision comes as Aegean Airlines prepares to grow to a 75-aircraft fleet by 2023. Aegean, which acquired Olympic Air in 2013, currently operates 46 Airbus A320-family aircraft and 12 turboprops. Aegean took most of its current A320ceos around 2007-11 and their leases will come to an end around 2023-24. If firmed, the order would be valued at US$5b at list prices, which Aegean said is the largest private investment in Greece. Aegean said it will take “at least” 10 A321neos, but under the commitment it has the right to convert further A320neos to the larger variant. <br/>
