Stockholm - SAS Scandinavian seems to be satisfied with its Airbus A320neo fleet. SAS could order more in the first half of the year.

SAS Scandinavian is negotiating with Airbus about a new order for the Airbus' best selling model A320neo. Goran Jansson, Chief Financial Officer of the Nordic carrier, told Reuters news agency that the agreement is expected this spring.

According to Jansson, SAS is in talks with Japanese investors to finance the new order. It is a model that the Scandinavian airline leases the aircraft from an investor with the purchase option. However, this is just one of several ways to finance.

SAS didn't explain how many planes it's all about. Reuters points out Jansson said in December that in addition to orders already placed, another 40 to 50 new aircraft were needed. An airline spokesman confirmed that the negotiations with Airbus are already in an advanced stage.

SAS has been renewing its fleet since 2015 with deliveries of the A320 Neo, A330 and A350, which should be completed by 2021. The company received the 16 A320neo out of 30 ordered so far and expects the other fourteen by the end of the year. The first aircraft of this order was received by SAS in October 2016. Thus the airline became the first A320neo operator in Scandinavia.

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