Thursday, November 13, 2008

Air Arabia Confirms the Purchase of 10 New Airbus A320s

Air Arabia Confirms the Purchase of 10 New Airbus A320s (NSI News Souurce Info) November 13, 2008: Air Arabia (PJSC), the first and largest low-cost carrier (LCC) in the Middle East and North Africa, has signed a firm contract for 10 additional A320 aircraft. The contract follows one for 34 Airbus A320s signed at the end of 2007. Sheikh Abdullah Bin Mohammed Al Thani, Chairman, Air Arabia said, "Following Air Arabia's expansion plans and the new hub in Morocco expected to operate next year, expanding the fleet size is certainly a need. Our vision is to be one of the world's leading budget airlines in terms of profit margin, innovation, reputation, and operational excellence, and having the A320 at the heart of our fleet is the best and quickest way we can achieve this." "We are pleased Air Arabia has once again confirmed their trust in our A320 family. With this decision, Air Arabia recognises the technological superiority of the A320, which also has the lowest operating costs in its class. The A320 also has the widest fuselage giving added operational efficiency and passenger comfort including increased storage volume," said John Leahy, Airbus Chief Operating Officer, Customers. Sharjah based Air Arabia already operates 16 A320s, and serves a network of more than 44 destinations across the Middle East, Indian Subcontinent, Central Asia and North Africa. With the establishment of a second hub in Casablanca in early 2009, Air Arabia will extend its network to Europe, Middle East and Africa through a joint venture with Moroccan privately owned airline Regional Airways. The new airline will be called Air Arabia Maroc. Launched in 2003, Air Arabia has served more than 5 million passengers over the past four years. The A320 Family, which includes the A318, A319, A320 and A321, is recognised as the benchmark single-aisle aircraft family. Each aircraft features fly by wire controls and all share a unique cockpit commonality across the range. With proven reliability and extended servicing periods, the A320 Family has the lowest operating costs of any single aisle aircraft. Over 6,300 Airbus A320 Family have been sold and over 3,600 delivered to more than 210 customers worldwide, making it the world4 best-selling commercial jetliner ever. Uniquely, the A320 Family offers a containerised cargo system, which is compatible with the world-wide standard wide-body system.

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