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LAN Airlines Signs MoU for 50 Airbus Aircraft

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LAN Airlines has signed a Memorandum of Understanding with Airbus for 50 A320 Family aircraft. The MoU - signed on Tuesday at the Farnborough International Airshow - will be the largest single airline order for Airbus in Latin America and brings LANs total Airbus orders to 152 aircraft.

The commitment includes 10 A321s, a new aircraft type for LAN. The airlines request for incremental A320 Family aircraft is part of LANs growth strategy for Latin America. The aircraft will serve as new and replacement aircraft for both existing and new routes.

Ignacio Cueto, LAN Airlines' Chief Operating Officer, said, We confirm our commitment to the development of commercial aviation in Latin America, incorporating the best technology and offering our customers one of the worlds most modern fleets. We continue investing in order to contribute to the economic growth and social development of the countries in the region.

LAN placed a firm order for 30 single-aisle Airbus A320 Family aircraft in December 2009. The airline currently operates 58 Airbus aircraft.

With almost 500 aircraft sold and a record backlog of more than 200 aircraft to be delivered to its Latin American customers, today more than 370 Airbus aircraft are flying with 23 Latin American airline customers and operators, representing more than 40% of the fleet in service.

See also: HD Videos from Singapore Airshow 2010

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