Synergy Aerospace Corporation, largest shareholder of Colombia-based Avianca and owner of Avianca Brasil, has finalized a Purchase Agreement with Airbus for 62 A320neo Family aircraft.

These A320neo will be the base of the fleet renewal and network growth strategy for Avianca Brasil, and also marks over 1,000 Airbus aircraft sold in Latin America.

“These A320neo will allow Avianca Brasil to take an important leap toward growing and modernizing its fleet in a profitable and sustainable manner, while improving passenger experience,” said Alex Bialer, Chairman of the Board, Synergy Group. “Thanks to its excellent eco-efficiency, reliability and comfort the A320neo Family will allow us to strengthen our position in South America by offering passengers the best single-aisle product available.”

“Domestic traffic in Brazil is projected to nearly triple by 2034, placing it among the world’s top 10 fastest-growing traffic flows in the world. These A320neo will allow Avianca Brasil to capitalize on this growth and deliver enhanced performance capabilities in challenging airports such as Rio de Janeiro’s Santos Dumont.”

Synergy became an Airbus customer in 2007 with its order for 10 A350 XWBs. It also has ordered 20 A320 Family aircraft, six A330-200 passenger and one A330-200 Freighter. Today, Avianca Brasil operates 40 A320 Family aircraft and one A330 Freighter.

Growing at a favorable rate of 5.3 percent annually, intra-regional and domestic traffic in Latin America is expected to almost triple in the next 20 years. The single-aisle aircraft is Latin America’s linchpin, and the A320neo will play a key role in securing this future market.

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