Tunisair upgrades its fleet with four new planes

October 31, 2021

(TAP) - National carrier Tunisair's fleet will be upgraded with the acquisition of four Airbus 320 neo planes, the first of which will be delivered in December 2021, carrier announced, adding that the other three planes will be delivered in 2022.

The contracting process will be completed later with the acquisition of a fifth aircraft.

According to Tunisair, the Airbus 320 neo aircraft, which is equipped with the latest technologies, is known for its low fuel consumption.

The national carrier also signed on October 28, 2021, a sale and leaseback contract with an aircraft leasing company, in the presence of CEO Khaled Chelly and a group of the company's senior executives.

By adopting this type of alternative contract, with the assistance and support of the State, the supervisory authority and the members of its board of directors, the national carrier will be able to provide liquidity, gradually renew its fleet and improve its services.

Tunisair's transport revenues dropped by 2% to 401 million dinars (MD) in the first nine months of 2021 compared to the same period in 2020.

The daily fleet use increased at the end of September 2021, to reach 7.56 hours/day/aircraft, against 6.09 hours in the same period in 2020.

Tunisair Commercial Director General Karim Gueddiche pointed out to TAP, that as part of its recovery plan, the carrier is continuing to overhaul its fleet management by opting for dry-leasing and sell-and-leaseback, which consists in selling aircrafts and leasing them back for a long period.



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