Spring Airlines has confirmed plans to purchase 60 new Airbus aircraft to fuel its expansion plans.
The Shanghai-based airline is China’s largest low-cost carrier, operating an extensive network of flights in mainland China and to destinations in Northeast and Southeast Asia. It also recently launched a new Japanese carrier, Spring Airlines Japan.
The deal for 60 Airbus A320neo aircraft would comprise 45 standard A320neos, which feature a maximum of 189 seats in a single-class layout, and 15 larger A321neo, which can accommodate up to 240 economy class passengers.
The acquisition would be worth approximately US$6.6 billion at current list prices, although Spring – a regular Airbus customer – would expect to receive a significant discount.
Spring said the new aircraft were scheduled to be delivered from 2019 to 2023. At present, the airline operates a fleet 52 A320 aircraft with outstanding orders for a further eight.