Synergy Aerospace Corporation, the largest shareholder of Colombia’s Avianca and owner of Avianca Brasil, has finalized a Purchase Agreement with Airbus for 62 A320neo aircraft. These A320neos will be the base for the airline’s fleet renewal program and network growth strategy for Avianca Brasil. This order 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.”
“Airbus is pleased to be surpassing 1,000 aircraft sold in Latin America with this order by Synergy, and we are proud that Avianca Brasil will rely on the unmatched productivity and fuel efficiency of the A320neo Family to renew its fleet and expand its network in South America,” said John Leahy, Airbus Chief Operating Officer, Customers. “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 and it’s now 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.