Thursday, February 20, 2014

Spring eyes $3B A320 order

Chinese low-cost carrier Spring Airlines is ready to order up to 30 Airbus A320 aircraft worth $3 billion at list prices, the company's chairman told Reuters. The airline hopes to divide the order between the current model of the Airbus A320 and the A320neo (new engine option), Wang Zhenghua said in an interview on the sidelines of a regional low-cost airlines conference in Singapore. Shanghai-based Spring, which has a fleet of 40 A320s, is the largest dedicated budget carrier in China. (Source: Reuters, 02/19/14) Gulf Coast note: Airbus is building a $600 million A320 final assembly line in Mobile, Ala.