Airbus Wins Firm Order for 75 A320neo Family Jets from Aviation Capital Group
Airbus has received a firm order for 75 A320neo family aircraft from Aviation Capital Group, bringing that customer's total for the type to 190 jets.
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what happened
Airbus has received a firm order for 75 A320neo family aircraft from Aviation Capital Group, a U.S.-based aircraft asset manager. With this deal, the leasing firm's total historical order for the type reaches 190 aircraft. According to the European plane maker, its global orders for the A320 family, which includes the A320neo and A321neo, now total 20,400, making it the world's most popular single-aisle aircraft.
Benoit de Saint-Exupery, Airbus executive vice president for sales in commercial aircraft, called the purchase “a major investment” that reinforces a partnership dating back to 2007, when ACG placed its first direct order with Airbus. He said ACG's customers will be able to fly the A320neo family well into the next decade.
why it matters
For markets, the news points to continued demand for single-aisle jets and healthy workloads at Airbus's production lines. Large orders like this support the manufacturer's long-term backlog and its suppliers, but the announcement does not disclose delivery schedules or the value of the transaction.
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prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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