Airbus Closes Deal Supplying Over Sixty A320neo Jets to Latin America

France's Airbus aircraft manufacturer on Wednesday said it has closed a major deal for the supply of over 60 A320neo jet airliners to Latin America's Synergy Aerospace Corporation, the part-owner of the Avianca Brazil airline, at the ongoing 2016 Farnborough International Airshow.

MOSCOW (Sputnik) — Airbus has already closed some major deals with the world's major airlines in Farnborough.

"Synergy Aerospace Corporation…has finalized a Purchase Agreement with Airbus for 62 A320neo Family aircraft. These A320neo will be the base of the fleet renewal and network growth strategy for Avianca Brasil, and also marks over 1,000 Airbus aircraft sold in Latin America," Airbus said in a press statement.

On Tuesday, the manufacturer said it sold 100 A321neo aircraft to Malaysia's AirAsia, as well as signing a Memorandum of Understanding for the supply of 72 A320neo planes to India's Go Air.

Wednesday's deal will enable Avianca Brasil to modernize its fleet and expand its presence on the Latin American market, as well as capitalizing on the continent's fast-growing demand for air traffic, Airbus Chief Operating Officer John Leahy was quoted as saying in the statement.

The A320neo narrow-body airliner was developed as part of the A320 modernization program and was first introduced in early 2016 by Lufthansa. The passenger jet is fitted with new-generation engines and fuel-saving Sharklet blended winglets.

The 2016 Farnborough International Airshow is held between July 11 and July 17. The trade show for industry players takes place between Monday and Friday, while the show for the general public will take place over the weekend.