Colombian airline has plans to add 100 Airbus narrowbody jets

Avianca Holdings, the flag and national carrier of Colombia, signed a memorandum of understanding to acquire 100 A320neo narrowbody airliners, Airbus said Thursday.

The deal is valued at $10.6 billion at current list prices.

Parts of the A320’s wings are manufactured by Spirit AeroSystems in Wichita.

Airbus said in a news release that Avianca Holdings now has combined orders for nearly 200 Airbus aircraft. That’s atop 130 currently in operation.

The A320 is a direct competitor to the Boeing 737.

Airbus did not disclose additional information about the MOU, including differences in firm and optional orders as well as when deliveries might start.

This story was originally published February 5, 2015 at 11:14 AM with the headline "Colombian airline has plans to add 100 Airbus narrowbody jets."