High Ridge Aviation announces the delivery of the first of three A320neo aircraft to LATAM Airlines Group S.A.
The aircraft was delivered by High Ridge Aviation as part of a multiple aircraft purchase-leaseback (PLB) arrangement. The remaining two GTF-powered Airbus A320neo are slated to deliver in November and December 2023.
The entire team at High Ridge Aviation is pleased to be able to partner with LATAM on this transaction,” said High Ridge Aviation CEO Greg Conlon. “We’re thankful for the opportunity to support the fleet growth of Latin America’s largest airline.”
This delivery is part of a systematic effort that LATAM is undertaking to make its fleet more modern and efficient,” says Sebastián Acuto, Director of Fleet and Projects, LATAM Airlines Group. “This is fully aligned with our commitment to sustainability, as Airbus A320neo aircraft feature more efficient engines, aerodynamic improvements and technologies that provide a lower fuel consumption, with reduction in nitrogen oxide emissions at the same time.”