Syphax Airlines signed (18-Jun-2013) a MoU for the purchase of three A320neos and three A320ceos, powered by CFM engines. The airline is the first based in Africa to order the A320neo. Syphax Airlines chairman and director general Mohamed Frikha said, "Syphax Airlines is focused on continuing to grow its Tunisian, North Africa and Europe routes, and an expansion of its network to Asia and North America, through its hubs in Tunis and Sfax while offering passengers a luxurious service. Adding the A320neo to our fleet means we can achieve all of these goals while benefitting from a 15 percent fuel saving and cost effectiveness." Syphax Airlines currently operates two A319s and three A320s. [more - original PR]
Syphax Airlines to acquire six A320s, including three A320neos
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Norwegian Air: A321neo LR gives short long haul options; 2Q margin grows on lower fuel
Norwegian Air continued its trend of improving profitability in 2Q2016, when it marked its sixth successive quarter of year-on-year increases in its operating margin. It achieved a further gain in load factor, in spite of double-digit capacity growth. The biggest sources of its growth were its US widebody routes and its operations in Spain, where it has recently opened a seventh base at Palma de Mallorca.
To a large extent its recent positive trend of growing profits has been the result of lower fuel prices. Ex fuel unit costs have been rising for several quarters, outpacing increases in unit revenue. Norwegian has only managed to achieve margin gains because of lower fuel CASK.
Norwegian's operations should become more efficient if it received US foreign airline permits for its Irish and UK subsidiaries, although there is currently little sign that this is about to happen. A new order for 30 A321LRs (part of the A320neo family) should also help Norwegian's unit cost performance and give it more choice over aircraft deployment on shorter long haul routes.