Sharjah-based Air Arabia, the Middle East and North Africa's (Mena) first and largest low-cost carrier, has confirmed options for five additional Airbus A320 aircraft, said a report.
The delivery of original contract covering 44 firm orders and five options will be completed in 2017, added the Wam report.
The five new Airbus A320 aircraft will be put into service starting second quarter 2017 backlog and have a book value of $485 million.
The new aircraft will join Air Arabia’s expanding fleet of Airbus A320 aircraft currently serving over 120 routes from five operational hubs, it said.
Air Arabia currently operates a fleet of 46 Airbus A320 aircraft offering flights to over 120 destinations in 33 countries from five hubs across the Middle East, Africa, Asia, and Europe.