AEGEAN Takes Delivery of its First A320neo Aircraft

Greece’s AEGEAN recently took delivery of its first state-of-the-art Airbus A320neo aircraft.

The narrowbody is the first of a total order of a minimum of 46 aircraft of the A320neo family that AEGEAN expects to receive by the end of 2024 and is valued at some $6 billion in list prices.

Following an initial induction and preparation period to conclude the relevant support planning and training processes, the new aircraft will be incorporated in the company’s fleet and is expected to initiate commercial flights around mid-February.

“The delivery of the first state-of-the-art Airbus A320neo is a significant milestone for our development and competitiveness,” AEGEAN CEO Dimitris Gerogiannis said.

Until July 2020 the company will receive 6 new aircraft of the type in total and aim to best serve its planned network of 155 destinations and 19.2 million offered seats with 65 aircraft for 2020.

“The new aircraft are a platform that will allow us to create innovative services for our passengers, but also a great multiplier of their capacity for further professional development,” he added.

AEGEAn’s new A320neo aircraft will be powered up by the advanced Pratt & Whitney GTF™ engines which are expected to contribute to a substantial reduction of CO2 and NOx emissions levels per flight and passenger flown, while also significantly lowering the noise footprint. In addition the reduced fuel consumption will serve to enhance AEGEAN’s competitiveness, as well as to offer range extension and enable the company to fly to new destinations.

According to AEGEAN, the aircraft will provide an excellent platform for the development of new – mainly digital – services, for the company’s passengers.

The 46 Airbus A320neo family aircraft order by AEGEAN constitutes the largest private sector investment in Greece.