Air Arabia (G9, Sharjah) has signed a firm order agreement with Airbus (AIB, Toulouse Blagnac) for 120 A320neo Family jets. According to a joint statement released during the Dubai Airshow 2019, the order comprises seventy-three A320-200neo, twenty-seven A321-200neo, and twenty A321neo(XLR)s. Deliveries are scheduled to commence in 2024.
“Air Arabia’s fleet growth strategy has always been driven by commercial demand and we are glad to announce today one of the region’s largest single-aisle orders with Airbus to support our growth plans. This new milestone underpins not only our solid financial fundamentals but also the strength of our multi-hub growth strategy that we have adopted over the years while remaining focused on efficiency, performance and passenger experience,” Adel Al Ali, Group Chief Executive Officer of Air Arabia, said.
“The addition of the A320neo, A321neo, and A321XLR complements our existing fleet and allows us to expand our service to farther and newer destinations while remaining loyal to our low-cost business model. We look forward to working with Airbus and receiving the first delivery.”
Air Arabia operates across three AOCs from three major hubs, Sharjah for its UAE licence, Alexandria Borg el Arab for Air Arabia Egypt, and Casablanca Mohamed V for Air Arabia Maroc. It currently operates an all-Airbus narrowbody fleet entailing thirty-nine A320-200s and two A321neo(LR)s in the UAE, three A320-200s in Egypt, and ten A320-200s in Morocco. It recently partnered Etihad Airways in the establishment of an Abu Dhabi International-based AOC, Air Arabia Abu Dhabi.
