Alafco boosts A320neo order to $4.6bn

Author: 
REUTERS
Publication Date: 
Mon, 2011-11-14 23:43

The order supersedes a provisional order for 30 aircraft announced at the Paris Air Show in June.
Reuters reported recently that Alafco was expected to expand its order for A320neos, a revamped version of Airbus’s best-selling narrowbody which competes with the Boeing 737.
Alafco Chairman Ahmad Al Zabin said he was not greatly concerned about economic turmoil in Europe derailing long-term aircraft demand especially in the Middle East.
“We are talking long term, what is happening now is short term,” he said.

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