Azul Announces Order Of 5 Airbus A330-900neo

Azul S.A. (B3: AZUL4, NYSE: AZUL) has announced an order for five next-generation Airbus A330-900neo widebody aircraft from Avolon, an international aircraft leasing company, the company said.

With deliveries starting in late 2018, the A330neo will be deployed to further strengthen Azul´s international flights to the US and Europe, and to serve select new destinations.

Azul will be the only airline in South America and one of the first in the world to operate this type of aircraft, which will come with 298 seats, 27 more than the current A330s in high-density configuration.

The cabin interior will be divided into 34 business class seats, 108 Economy Extra seats, and 156 Economy seats. The A330neo will come with the most advanced passenger cabin today dubbed “Air Space by Airbus”, bringing together an enhanced experience for passengers and optimum performance based on comfort, ambience, service and design.

Moreover, the A330neo reduces fuel consumption by 14% per seat compared to the current A330ceo model, making it the most cost efficient, medium range widebody aircraft in the market.

Azul is the second largest airline in Brazil offering international flights, with an average of 15 daily flights to South America, the United States and Europe.

The A330-800neo and the A330-900neo are two new members of the Airbus widebody family launched in July 2014 with first deliveries scheduled to start in the third quarter of 2018. The A330neo incorporates the latest generation of Rolls-Royce Trent 7000 engines, aerodynamic enhancements and new cabin features. Benefitting from the excellent economics, versatility and high reliability of the A330, the A330neo reduces fuel consumption by 14% per seat, making it the most cost efficient, medium range widebody aircraft on the market. In addition to greater fuel savings, A330neo operators will also benefit from a range increase of around 400 nautical miles and of course all the operational commonality advantages of the Airbus family.

Azul, the largest airline in Brazil by number of cities served, offers 739 daily flights to 102 destinations. With a fleet of 123 aircraft and more than 10,000 crewmembers, the company has a network of 202 non-stop routes as of June 30, 2017.