Columbian flag carrier Avianca (AVHOQ) is aiming to significantly increase its fleet over the next decade.
On March 9, 2022, the airline announced that it had reached an agreement with Airbus for the purchase of 88 A320neo family jets, expected to be delivered by 2031, as well as an additional purchase option for 50 Airbus planes.
The new aircraft will begin to gradually join Avianca’s (AVHOQ) fleet, with the first deliveries scheduled to take place in 2025.
Avianca’s (AVHOQ) new A320neo jets, which are expected to cut the company’s fuel costs by 20%, will be equipped with a new cabin configuration and offer travelers seating options in Premium, Plus, and Economy class.
“This is great news for our company, our people, and our customers, considering that the A320neo family is the most advanced single-aisle fleet in terms of efficiency, reliability, and comfort. This order highlights that we continue to make the required investments to grow our network in line with our business plan,” Rohit Philip, Avianca’s (AVHOQ) chief financial officer said in a company statement.
According to Planespotters.com AVHOQ</a>)”>data, Avianca (AVHOQ) currently operates a mixed fleet consisting of 98 aircraft, the majority of which are Airbus A320-200 planes.
This latest order is in line with the airline’s plans to expand its capacity capabilities and enlarge the fleet to more than 130 aircraft by 2025.