AIRCAIRO places order for 15 Airbus A320neo aircraft
AIRCAIRO Representative Image
The airline has a fleet of over 45 aircraft today and is aiming to grow a fleet of over 130 aircraft by 2034.
AIRCAIRO has signed a firm order for 15 Airbus A320neo aircraft at a recent industry show. The agreement marks an important milestone in the airline’s strategy as it introduces direct aircraft ownership alongside its leased Airbus fleet to support long-term growth.
Having grown rapidly from seven aircraft five years ago to a fleet of over 45 aircraft today, AIRCAIRO is building on this momentum to grow to a fleet of over 130 aircraft by 2034.
Hussein Sherif, Chairman & CEO, AIRCAIRO, said: “This agreement represents a natural next step in AIRCAIRO’s growth. Combining owned aircraft with our leased fleet gives us greater operational flexibility and financial efficiency as we scale up. The A320neo will provide the capacity needed to expand our network, serve the growing demand for travel to and from Egypt, and support the country's aviation and tourism sectors in close partnership with Airbus.”
“We are delighted that this first direct acquisition from AIRCAIRO reaffirms the airline’s confidence in the A320neo to power its next phase of growth,” said Benoît de Saint-Exupéry, Airbus EVP Sales of the Commercial Aircraft business. “The A320neo provides AIRCAIRO with the efficiency and flexibility to scale up its network. This commitment highlights the strength of our partnership and AIRCAIRO’s confidence in the A320neo to expand connectivity between Egypt and key international destinations.”
