ISTAT Jetrader - Spring 2020 - 44

APPRAISAL

Airbus A320ceo
Dr. Stuart Hatcher
ISTAT Certified Senior Appraiser
Chief Operating Officer
IBA

stuart.hatcher@iba.aero
www.iba.aero

Photo courtesy of Getty Images.

I

There are a total of 4,279 passenger configured
A320ceo aircraft either active, parked or in storage,
while around another 10% have already been removed
from service.

n terms of background, little can
be said about the long history
of the A320ceo that hasn't
already been said. As such,
in the limited space available,
this brief overview will focus
solely on the current and future
prospects of this industry workhorse.
Looking at the entire A320 family
built and on order (including the neo),
Airbus can finally claim to have built the
most successful commercial aircraft
family in history, the foundation of
which can be attributed to the success
of the A320ceo. To the untrained eye,
the design appears to have progressed
very little over the past 32 years. To
IBA, however, the final aircraft due
off the production line in the coming
months are a far cry from those initially
produced. Over the years, Airbus and
its partners have upgraded pretty much

44

everything that could be upgraded to
improve operating economics and range
such that there was little option but to
move to an all-new design or replace
the engines in order to achieve the next
level (A320neo). Undoubtedly, there
will be further opportunities to upgrade
the A320ceo, but these will likely align
the aircraft with new regularity and
infrastructure standards and refine
operating economics.
As of 2 December 2019, Airbus had
taken net orders for 4,770 A320ceo

Operator

Region

A320ceo fleet

A320neo ordered/
in service

China Eastern Airlines

Asia Pacific

180

84

easyJet

Europe & CIS

169

159

jetBlue Airways

North America

130

-

IndiGo

Asia Pacific

126

367

China Southern Airlines

Asia Pacific

117

30

United Airlines

North America

99

-

Vueling

Europe & CIS

81

33

Spring Airlines

Asia Pacific

80

49

Aeroflot-Russian Airlines

Europe & CIS

77

-

Lufthansa

Europe & CIS

76

84

* T H E O F F I C I A L P U B L I C AT I O N O F I S TAT

aircraft and delivered 4,748 (including
five corporate jets), a far cry from the
400 needed to break even back in the
1980s. Given the switch over to the neo
program, there are now only 22 left to
deliver, which should complete in 2020.
Across the A320ceo family, there have
been a total of 8,135 net orders with a
backlog of only 76 left.
Naturally, with such a large fleet
operating for over 30 years, the
A320ceo has built up a significant client
base, from both airlines and lessors,

Region

A320ceo fleet

Split

Africa

99

2%

Asia Pacific

1,755

41%

Europe & CIS

1,196

28%

Latin America

336

8%

Middle East

315

7%

North America

603

14%
http://www.iba.aero
ISTAT Jetrader - Spring 2020

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