MIAMI — Avianca, the world’s second oldest airline, has firmed up its order for 100 Airbus A320neo family aircraft that it signed a Memorandum of Understanding (MoU) earlier this year. This order is the largest single order ever made in Latin America’s aviation history, and once these new A320neo family aircraft are on property, they will help Avianca keep its fleet one of the youngest in Latin America.

Avianca has more than 150 Airbus aircraft on order, and it currently operates more than 130 Airbus in its fleet. Some of the Airbus aircraft on order includes the A319neo, A320ceo, A320neo, A321ceo, A321neo, and Airbus A350-900 XWB.

“This historic order allows us to solidify our passenger experience strategy in local markets on a broader scale,” said Fabio Villegas Ramirez, Avianca Chief Executive Officer.  “Thanks to the A320neo Family’s fuel efficiency, technical reliability and unique passenger comfort, we can further Avianca’s fleet modernization process, while connecting the region and supporting its development.”

“For over 15 years, Avianca has benefitted from the excellent operating economics and award-winning reliability of the A320 Family,” said John Leahy, Airbus Chief Operating Officer, Customers. “The A320neo brings Avianca the highest efficiency at the lowest cost, making it ideally suited to operate within their network and especially within the region’s challenging airports.”

To date, the A320neo program has 345 firm orders from six customers in Latin America — Avianca, Azul, Interjet, LATAM Airlines Group, VivaAerobus and Volaris. Plus, there are more than 950 Airbus aircraft in operation throughout Latin America and the Caribbean. Last November in Airbus’ Global Market Forecast, the manufacturer predicted that this region will need more than 2,300 new aircraft by 2033, and the order for new aircraft continue to come in.

Most of the airlines in Latin America seem to be going with the Airbus A320neo family aircraft to replace older narrowbody aircraft in their fleets; meanwhile, Aeromexico, GOL, and Copa have been left to be the only main 737MAX customers in Latin America.