LAN Airlines, one of Latin America's leading passenger and cargo airlines placed a firm order at Le Bourget Airshow for 20 A320neo aircraft as part of its expansion strategy and fleet renewal program. The airline becomes the first in the region to sign a firm order for the A320neo. Engine selection will be announced by the airline at a later date.

The A320neo is offered as an option for the A320 Family and incorporates new more efficient engines and large "Sharklet" wing tip devices, which together will deliver up to 15 percent in fuel savings. This will represent some 3,600 tonnes less CO2 per aircraft per year. In addition, the A320neo will provide a double-digit reduction in NOx emissions and less engine noise, thus being a good neighbour at any airport where airlines will operate the aircraft.

This purchase agreement, which brings LAN's total Airbus orders to more than 170 aircraft, comes just months after LAN bought 50 A320 Family aircraft in December. The airline is slated to start operating A320s with Sharklets as of 2013.

Ignacio Cueto, LAN Airlines' Chief Operating Officer, commented: "This order solidifies our continuous commitment to provide customers with the most modern technology in aviation thanks to the A320neo's dramatic improvements to fuel efficiency and range capabilities. Adding the A320neo to our fleet is a huge step in ensuring LAN's leadership in the region."

"Our history with LAN has been consistent with their passion for innovation and growth," said Tom Enders, Airbus President and CEO. "Airbus commends LAN for being the first in the region to order the A320neo and capitalize on its unbeatable cost savings."

The A320 Family is recognised as the benchmark single-aisle aircraft family. The aircraft feature the latest technology available today, the widest and most comfortable cabin, and the highest degree of operational commonality. With 99.7% reliability and extended servicing periods, the A320 Family has the lowest operating costs of any single aisle aircraft today.

The A320 Family has now exceeded 7,000 firm orders, reaffirming its position as the world's best-selling single-aisle aircraft family. Furthermore, to date more than 4,700 have been delivered to more than 330 customers and operators worldwide.

The Airbus fleet operating in Latin America has doubled in the last five years. With more 550 aircraft sold and a record backlog of more than 250 aircraft to be delivered to its Latin American customers, today nearly 400 Airbus aircraft are flying with Latin American airlines. This represents more than 60 percent of the fleet delivered in the region.