Beirut-based Middle East Airlines (MEA) has firmed up an order with Airbus for five A320neo and five A321neo aircraft. The purchase is worth about $1.05 billion based on list prices.
The completion of the deal follows the airline’s signing of a memorandum of understanding during the Farnborough Airshow in July 2012.
“Middle East Airlines is going to be well positioned with these A320neo Family aircraft in its fleet to maintain its record as one of the most successful airlines in the dynamic Middle East region,” said John Leahy, Airbus Chief Operating Officer, Customers, in a statement. “We are convinced the NEO will deliver on its promises as the most fuel efficient single aisle aircraft and look forward to seeing MEA taking full advantage of all the benefits this aircraft offers.”
MEA currently operates an all-Airbus fleet, made up of four A330-200s, four A321s and ten A320s. The flag carrier of Lebanon, MEA flies to 31 destinations in 20 countries in Africa, Europe and the Middle East.