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Thursday, 26 November 2009 04:34 UAE time

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Air Arabia signs deal to buy 10 more A320s

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 12 November 2008
A32O DEAL: Air Arabia has signed a contract to expand its fleet by 10 aircraft. (Getty Images)

Air Arabia, the largest low-cost carrier in the Middle East, announced on Wednesday that it has signed a contract with Airbus for 10 additional A320 aircraft.

The contract follows an earlier agreement for 34 Airbus A320 aircraft signed at the end of 2007.

Sheikh Abdullah Bin Mohammed Al Thani, chairman of Air Arabia, said: “Our vision is to be one of the world’s leading LCCs in terms of profit margins, 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.

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“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."

Air Arabia currently operates 16 (leased and owned) A320s and serves a network of 44 destinations across the Middle East, north Africa, India, eastern Europe and central Asia.

Launched in October 2003 and based in Sharjah, Air Arabia has served more than 10 million passengers over the past five years.

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