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20 June 2007
20. June 2007 Commercial Aircraft

Lybian Airlines to order 15 Airbus aircraft including A350s, A330s and A320s

Libyan Airlines has signed a Memorandum of Understanding (MOU) with Airbus for the purchase of four A350s, four A330-200s and seven A320s, thus modernising its fleet with the newest technology aircraft. The Libyan flag carrier will use the new aircraft to replace and expand its existing fleet. 
With deliveries commencing in 2017, the A350 XWBs will allow the Libyan carrier to further develop its long haul operations in the longer term. The A330-200s respond to mid term fleet requirements for new international routes to Asian destinations. The new A320s will be put into service on Libyan Airlines? growing   network, both domestically and in Europe and the Middle East.  
Tarek Arebi, Chairman and CEO of Libyan Airlines, said: "The purchase by Libyan Airlines of state of the art Airbus aircraft is a reflection of the major expansion of Libyan aviation and it corresponds fully to our long term strategy. By replacing and expanding our current fleet with the Airbus aircraft, we will be able to fully benefit from the commonality between the aircraft and the cost efficiencies that this represents, offering the best comfort to our passengers. This also means that we will have one of the most modern and youngest fleet in the region." 
John Leahy, Chief Operating Officer - Customers of Airbus, added: "We welcome Libyan Airlines as an Airbus customer and greatly value this order for a comprehensive Airbus fleet. Libyan traffic growth is expected to grow significantly and having a modern and cost efficient fleet will allow Libyan Airlines to fully take advantage of that potential. We look forward to support Libyan Airlines in their strategy."
The A350 XWB is Airbus' newest aircraft model and will be the world's most technically advanced when it enters service in 2013. Designed to increase productivity and offer unparalleled levels of passenger comfort in its class, the A350 XWB will reduce operating costs for airlines. Addressing environmental concerns and cost-effectiveness, the A350 XWB will be one of the most fuel-efficient aircraft ever. 
The A330 is already the aircraft of choice for more than 60 customers and operators around the world and is the unquestioned leader in its class with a commanding market share and a continually expanding operator base. The A330 has excellent flexibility for a wide range of route structures, providing the operator with a very low operating cost per seat, as well as the widest and most comfortable cabin in its category. Its proven record of superior economics and passenger comfort provides the operator with a significant competitive advantage in the market today.
The A320 Family, which also includes A318, the A319 and the A321 is recognised as the benchmark in the single aisle aircraft market. Sofar, over 5,070 A320 Family aircraft have been ordered, making the aircraft the fastest selling commercial jetliner ever.   
Airbus is an EADS company. 

Libyan Airlines signs a Memorandum of Understanding for 15 Airbus aircraft, plus seven options (20 June 2007)

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