Israir Airlines and Tourism ltd announced last week the signing of a MOU for the purchase of two Airbus A320s, with an option on a third, for an estimated $150 million. Israir didn't say how much it was paying for the planes. The list price for an A320 is about $66.8 million.
The company added that the two planes will join its fleet in 2010. Until the two aircraft arrive the airline will lease Airbuses, making it the first Israeli airline to operate Airbus. Airbus will provide a complete support package, including training for air and ground crews.
The 150-seat A320 built by Toulouse, France-based Airbus competes with the industry wide top-selling 737-model plane made by Boeing Co.
Boeing wasn't able to supply the 737-800 model in time for Israir because demand for the aircraft is strong.
Israir to purchase 2 Airbus A320s
00:00 ,25.12.2006
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