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Last updated : 30/09/2026 - 13h35
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Airbus: Flyone Armenia finalizes its first order for two A321neo aircraft

Airbus has finalized an order with Flyone Armenia for two A321neo aircraft. The transaction materializes a memorandum of understanding signed in spring 2026 and represents the Armenian carrier's first direct order from the European aircraft manufacturer.


Airbus: Flyone Armenia finalizes its first order for two A321neo aircraft

A first direct order placed with Airbus

Flyone Armenia, presented as the country's leading carrier, has finalized with Airbus the acquisition of two A321neo aircraft. This marks its first direct order from the aircraft manufacturer.

The agreement was initially announced in the form of a Memorandum of Understanding during the official visit of French President Emmanuel Macron to Yerevan on May 5, 2026. The finalization was announced from Toulouse on September 30, 2026.

Two aircraft in 239-seat configuration, LEAP engines

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The two A321neo aircraft will be equipped with LEAP engines from CFM International and configured according to a single-class layout of 239 seats in economy class. Airbus indicates that these aircraft are part of the carrier's fleet reinforcement and modernization plan.

Founded in 2021, Flyone Armenia currently operates a fleet of eleven aircraft from the A320 family.

Two executives comment on the agreement

Aram Khachatryan, Chief Executive Officer of Flyone Armenia, described this first direct order as an important and symbolic milestone in the company's development, highlighting a commitment to fleet modernization and long-term growth.

Benoît de Saint-Exupéry, EVP Sales for Airbus Commercial Aircraft, indicated welcoming Flyone Armenia as a new customer for the aircraft manufacturer, as part of the development of its A320 family fleet.



Sector Aéronautique et Défense › Aéronautique / spatiale


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 33 200 millions d'euros
  • Quarterly revenue: 33 200 millions d'euros
  • Revenue growth: 12 %
  • Net income: 2 243 millions d'euros
  • Free cash flow: -1 043 millions d'euros
  • -8 360 millions d'euros
Risks mentioned
  • Dépréciation du dollar américain pesant sur les revenus des activités avions commerciaux
  • Taux de couverture de change moins favorable limitant la marge des avions commerciaux
  • Consommation de trésorerie liée à la constitution de stocks pour la montée en cadence
Opportunities identified
  • Commandes brutes d'avions commerciaux de 886 appareils et carnet de 9 222 avions
  • Prises de commandes Defence and Space en forte hausse à 9,3 milliards d'euros
  • Montée en cadence A320 vers 70 à 75 avions par mois fin 2027

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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