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Investing.com -- Argentine low-cost airline Flybondi announced on Tuesday it has placed orders for new Airbus and Boeing jets as part of a fleet expansion plan requiring approximately $1.7 billion in investment.
The airline will add 15 Airbus A220-300 aircraft to its fleet, with options for an additional five planes. This acquisition will make Flybondi the first Latin American operator of this regional jet, which competes with Brazilian planemaker Embraer’s aircraft. Deliveries of the Airbus jets are scheduled between 2027 and 2029.
In addition to the Airbus order, Flybondi will purchase 10 Boeing 737 MAX 10 aircraft, with options for another five planes. These Boeing deliveries are set to begin in 2027 and continue through 2030.
"This expansion marks a strategic milestone for the airline, which will seek growth both in Argentina and in new markets across Latin America and the Caribbean," the company said in a statement.
Flybondi currently operates a fleet of 14 Boeing 737-800 jets. The investment will be led by COC Global Enterprise, which is Flybondi’s main investor.
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