Aircraft
TAM Signs Latest Airbus A320neo Contract
Airbus has secured its third potential customer for the A320neo

Airbus has secured its third potential customer for the A320neo, and the first in Latin America, the manufacturer announced this morning. Brazil’s TAM Airlines has signed a memorandum of understanding covering 22 Airbus A320neos and 10 standard A320s. The companies did not reveal the subvariants involved in the deal, nor did they talk about delivery dates. Airbus expects the A320neo to reach the market in 2016.

“Our order for industry-leading, fuel-efficient aircraft opens a world of possibilities for TAM, thanks to its substantially increased range capability,” said Líbano Barroso, CEO of TAM Airlines. “Ordering more A320s allows TAM to reduce costs and further improve our environmental performance.”