Synergy Aerospace Corporation, the largest shareholder of Colombia-based Avianca (Bogotá) and the owner of Avianca Brasil (São Paulo Congonhas), has finalized a Purchase Agreement with Airbus (AIB, Toulouse Blagnac) for sixty-two A320neo Family aircraft.

The order, which was first announced as a Memorandum of Understanding (MoU) at the Paris Airshow 2015, was firmed during a ceremony held at the 2016 Farnborough International Airshow.

Synergy plans to use the aircraft to renew its Brazilian asset's fleet which currently consists of fifteen A318-100s, four A319-100s, twenty-six A320-200s, and one A330-200F.

“These A320neo will allow Avianca Brasil to take an important leap toward growing and modernizing its fleet in a profitable and sustainable manner, while improving passenger experience,” Alex Bialer, Chairman of the Board, Synergy Group, said.