21-Jul-2010 9:37 AM

Farnborough: LAN Airlines to purchase 50 A320-family aircraft

LAN Airlines announced (20-Jul-2010) an agreement with Airbus for the purchase of A320-family aircraft, to be delivered between 2012 and 2016. The order includes A319s, A320s and, for the first time, A321s. The order is valued at approximately USD4.15 million at list prices. Additionally, LAN’s strategic fleet renewal plan now involves the sale of its 15 A318s between 2011 and 2013. LAN also placed an order for with CFM International for CFM56-5B engines to power 70 new Airbus A319/A320/A321 aircraft, for delivery beginning in 2011. This represents the single largest engine order by a Latin American airline. The order is valued at approximately USD2 billion at list prices, including installed and spare engines and an associated maintenance agreement. LAN entered a 12-year rate for flight-hour (RPFH) agreement with CFM. [more - Aircraft order] [more - Engine order]