by Donald Wood
Last updated: 4:42 PM ET, Wed May 6, 2015
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In what has become the largest order in Latin American aviation history, Colombia's national airline Avianca announced Tuesday that the company had signed the contract to purchase 100 Airbus aircraft.
According to Airbus, Avianca agreed to a Memorandum of Understanding in February, but finally put pen to paper on the official deal earlier this week. The order for 100 planes includes Airbus' A319neo, A320neo, and A321neo models.
The new order will not only allow Avianca to maintain one of the youngest fleets in the region, but it will also replace some of the older aircrafts currently operating in Bogota, Lima, and San Salvador.
Avianca CEO Fabio Villegas Ramirez released a statement about the massive order, and what his company is hoping to accomplish with the fleet overhaul:
"This historic order allows us to solidify our passenger experience strategy in local markets on a broader scale. Thanks to the A320neo Family's fuel efficiency, technical reliability and unique passenger comfort, we can further Avianca's fleet modernization process, while connecting the region and supporting its development."
All of the planes ordered by Avianca are in Airbus' A320 Family. These aircrafts are known for their reliability and fuel efficiency, and are the world's best-selling, single-aisle model. The newest model in the line is the A320neo, which is full of innovations and positive changes.
Using the latest generation engines and Sharklet wing tip devices to cut down on the cost of fuel, the Avianca order of 100 A320 Family aircrafts will be the key to the company's growth in Colombia and across Latin America.
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