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Kuwait Jazeera airways places 28 jet Airbus order

Business Kuwait City 24 Nov 21
Kuwait Jazeera airways places 28 jet Airbus order
Airbus wins 28-plane A320neo order from Kuwait’s Jazeera Airways. Jazeera already operates an all-Airbus fleet of original-generation A320s and eight A320neos.
Fee
Event Location
Kuwait, Kuwait
Area
Kuwait City
Start Time
24 November 2021, 12:00 AM
End Time
30 November 2021, 12:00 AM
Website

Kuwaiti low cost carrier Jazeera Airways placed a multi-billion dollar order with European planemaker Airbus for 28 single aisle A320neo family passenger jets on Tuesday.

The deal, with a list price in excess of $3.5bn before discounts, comprises 20 A320neos and eight larger A321neos, with an option to purchase five further aircraft, the companies said on Tuesday at the Dubai Airshow.

Jazeera already operates an all-Airbus fleet of original-generation A320s and eight A320neos, the ninth of which is due this month, extending the total to 17 planes. The new aircraft won’t come for five years, though Airbus sales chief Christian Scherer said he’ll try to accelerate deliveries if build rates allow.

Jazeera, which has previously leased its aircraft, said that older planes will be replaced as the new ones arrive, extending the fleet to as many as 35 aircraft.

“We believe that’s a reasonable size for a base carrier in Kuwait,” chief executive officer Rohit Ramachandran said at a signing ceremony. “Anything more would be science fiction.”

Christian Scherer said the planemaker would look to identify any opportunities to speed up deliveries if possible. The order was worth $3.4 billion at list prices, Jazeera said later in a stock market filing, though its common for airlines to receive large discounts on orders.



Kuwait jazeera airways updates 2021



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