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Avianca Signs Sale and Leaseback Deal for 12 A320neos

September 10, 2026

2 min read

Key Takeaways

Avianca signs sale and leaseback deal for 12 Airbus A320neos.
BOC Aviation will purchase aircraft from Airbus for long-term lease.
Aircraft deliveries scheduled for 2029, powered by CFM LEAP 1A engines.
Avianca currently awaits delivery of 77 A320neos.

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Strategic Implications

This deal may signal Avianca's commitment to fleet modernization and expansion, which could strengthen its competitive position in the Latin American market. The partnership with BOC Aviation suggests a focus on accessing modern, fuel-efficient aircraft, which may improve operational efficiency and support long-term growth.

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What Happened

Colombian Carrier Expands Fleet with BOC Aviation Partnership

Colombian flag carrier Avianca has signed a sale and leaseback agreement with Singapore-based lessor BOC Aviation for 12 Airbus A320neos. The aircraft, scheduled for delivery in 2029, will be powered by CFM LEAP 1A engines. Avianca is currently awaiting delivery of 77 A320neos, with 26 already in its active fleet and 21 on wet lease. The deal supports Abra Group’s long-term fleet strategy and growth across the region, as stated by Francisco Raddatz, Chief Procurement Officer of Abra Group. This development was first reported by AeroTime.

Source | Originally Published: September 10, 2026

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