The firm contract is an increase of the previous agreement signed at the 2011 Dubai Airshow for 50 Airbus A320neo-family jets.

Kuwait-based leasing company Aviation Lease And Finance Company (ALAFCO) has ordered 35 more Airbus A320neo-family aircraft, bringing its total backlog for the type to 85.

The firm contract is an increase of the previous agreement signed at the Dubai Airshow 2011 for 50 Airbus A320neo-family jets.


“After a full analysis, we concluded that the A320neo will continue to be in strong demand, therefore, we are seizing the opportunity to secure an additional 35 aircraft to meet the future requirements of our customers,” said Ahmad Alzabin, ALAFCO chairman & CEO.

Kuwait-based aircraft leasing company ALAFCO ordered 35 more Airbus A320neo-family aircraft on February 14, 2012, increasing its firm purchases of the re-engined A320 family to 85 aircraft

“The A320neo is the market’s favourite single-aisle aircraft family,” added Alzabin. “The significant fuel burn savings it offers, combined with the operational reliability and cost effectiveness of the A320 Family, make it an absolute ‘must have’ in our portfolio.”

More than 8,300 Airbus A320-family aircraft have already been ordered and some 5,000 delivered to more than 350 customers and operators worldwide.

The A320neo family has airframe commonality greater than 95 per cent with existing Airbus A320-family jets, making it an easy fit into existing fleets while offering up to 500 nautical miles (950 kilometers) more range or two tonnes more payload at a given range.

The A320neo is a “new engine option” for the A320 family entering into service from 2015. It incorporates latest generation engines – airlines can choose between the CFM International LEAP-1A and the Pratt & Whitney PurePower PW1500G geared turbofan – and large ‘Sharklet’ wing-tip devices, which Airbus says together will deliver 15 per cent in fuel savings over today’s A320s.

This reduction in fuel burn is equivalent to 1.4 million liters of fuel annually – the consumption of 1,000 mid size cars. According to Airbus, this will save 3,600 metric tonnes of C02 per aircraft per year, the amount absorbed by 240,000 mature trees.

According to Airbus, A320neo emissions of nitrogen oxides (NOx) will be 50 per cent below ICAO’s advanced CAEP/6 standard and the aircraft also has considerably a smaller noise footprint than today’s single-aisle jets.

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