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Buraq Air Commits to Acquiring 10 Airbus A320neo Aircraft

Buraq Air has signed a memorandum of understanding for the purchase of 10 Airbus A320neo family aircraft at the Dubai Airshow.


Buraq Air Commits to Acquiring 10 Airbus A320neo Aircraft

Formal Agreement Signed at Dubai Airshow

Buraq Air, the first private Libyan airline, formalized its intention to purchase 10 Airbus A320neo family aircraft with a memorandum of understanding signed at the Dubai Airshow. The document was signed by Fouzi Almiqalh, Chairman of the General Assembly of Buraq Air, and Benoit de Saint Exupery, Executive Vice President of Commercial Aviation Sales at Airbus.

A Significant Step in Fleet Modernization

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According to Fouzi Almiqalh, this agreement marks a significant milestone for Buraq Air in its fleet modernization process, aiming to serve more destinations. He emphasized that the efficiency and flexibility of the A320neo will be crucial in strengthening Buraq Air's core network and in providing a joint platform with Medsky Airways, a strategic partner, to enhance passenger offerings.

The A320neo: A Leader in Efficiency and Comfort

The A320neo is part of the A320 family, known for being the world's most popular single-aisle aircraft with over 19,000 global orders. This model offers fuel savings and a reduction in CO2 emissions of at least 20% compared to the previous generation, while enhancing passenger comfort with one of the widest single-aisle cabins. Airbus plans to make its aircraft 100% compatible with sustainable aviation fuels by 2030.



Sector Défense · Aéronautique · Industrie Aérospatiale


Assurance vie

Context

Period
  • Period: 2025
Key reported figures
  • Revenue: 73 420 millions d'euros
  • Revenue growth: 6,0 %
  • Net income: 5 221 millions d'euros
  • Free cash flow: 4 753 millions d'euros
  • Dividend per share: 3,20 € par action
Guidance from the release
  • 2025 a été une année charnière, caractérisée par une forte demande et une performance financière record, avec des livraisons et des commandes en hausse et des avancées stratégiques.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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