Low-cost carrier Air Arabia has converted five options for Airbus A320s into firm orders. Delivery of the additional jets, which have a book value of $485m, will begin in the second quarter of 2017.
“Air Arabia’s fleet innovation sits at the heart of the airline’s operational efficiency” said Adel Al Ali, Group CEO of Air Arabia. “Today, we operate one of the youngest fleets in the world and this approach will continue to drive our fleet growth strategy for the future. Our customers can expect the same cabin comfort and spacious seat configuration with the five [new] aircraft joining the fleet.”
Air Arabia currently has a fleet of 46 A320s and has been rewarded with the A320 Family Operational Excellence Award by Airbus for achieving the highest level of utilisation for the type in the world with 99.8% operational reliability. In 2010, the carrier set a new world record achieving 30,000 flight hours in just six years with one of its CFM56-5B-powered A320 aircraft.