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Tuesday, March 1, 2011

TAM Signs for A320NEO, 777s

TAM Linhas Aereas is continuing fleet expansion plans, boosting its narrowbody and widebody fleet with deals with Airbus and Boeing.
Brazil is gearing up for the football world cup and Olympic games in the coming years, driving demand for further capacity.
On the single-aisle side, TAM has committed to taking 32 A320s, 22 of which would be in the NEO (new engine option) configuration. The airline has yet to select its engine, with a competition between CFM International’s Leap-X and Pratt & Whitney’s geared turbofan on offer.
The increased range offered by the NEO was one factor in placing the order, TAM CEO Libano Barroso indicates.
The deal is still at the memorandum of understanding stage. Delivery of A320NEOs will commence in 2016.
Meanwhile, the airline has added two 777-300ERs to its order book, and signed purchase rights for two more widebodies. The deal has a list price value of around $568 million.
Boeing says the deal brings TAM’s 777 commitments to a dozen aircraft.

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