Air Arabia to buy five new aircrafts

Dubai – Mubasher: Dubai-listed Air Arabia confirmed options for the purchase of five additional Airbus A320 aircraft, according to a statement.

The delivery of original contract, which covers 44 firm orders and 5 options, will be completed in 2017.

The five new aircrafts have a book value of $485 million, and will be put into service starting second quarter 2017 backlog.

Mubasher Contribution Time: 23-Nov-2016 12:27 (GMT)
Mubasher Last Update Time: 23-Nov-2016 12:27 (GMT)