Abra Group, the holding company that controls Avianca and Gol, has exercised an option for the purchase of 50 A320neo aircraft from Airbus, and has ordered up to seven A330neo aircraft.
The A320neo order brings its total order of these aircraft to 138 units (including 88 previously committed), which are to be delivered by 2032.
The Group is scheduled to receive the first of the A320neo aircraft, featuring an Airspace cabin, later this year.
As part of the Group’s international expansion strategy, new agreements for up to seven A330neo widebody aircraft have also been signed.
These aircraft will be integrated into the Group’s opertions based on operational and financial needs and opportunities, strengthening medium- and long-haul operations with new routes and additional destinations.
Adrian Neuhauser, CEO of Abra, said the new orders highlight the Group’s commitment to improving access to air travel in Latin America, and will help to retain its status as one of the largest and most competitive airline groups in the region.
“Our incremental A320neo order ensures the replacement and growth needs of our current narrowbody fleet,” he said
“It also strengthens our international growth strategy to better connect Latin America with itself and the world through a more efficient fleet.”
The two announcements follow Abra and Airbus’s 2024 announcement of an order for five A350-900 aircraft, which will be added to the Group’s fleet in the coming years.
In addition, Abra currently has orders for 96 Boeing 737 MAX, scheduled for delivery until 2030.
One day prior to the announcement of the new Airbus orders, Abra issued a statement confirming that it is planning to go public in the US.
On October 15, the Group said it intends to confidentially submit a draft registration statement to the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its ordinary shares in the US.
Both the offering itself and the timing thereof are subject to market conditions, other considerations, and the completion of the SEC’s review process.