Toulouse - On December 22, the low-cost Latin American Group Viva Air finalized an order for 35 Airbus A320neo and 15 A320ceo. The aircraft will be will be used to modernize the fleet and the growing network of Group subsidiaries VivaColombia and Viva Air Peru subsidiaries.

The Viva Air Group confirms the memorandum of understanding it signed with Airbus on June 20 at the Paris Air Show.

The relationship between Airbus and VivaColombia dates back to 2012 when the airline launched its operations with A320s. Based in Medellin, VivaColombia remained an "all Airbus" operator and now operates 11 A320s.

Viva Air launched Viva Air Peru in May 2017. Based in Lima, it is also an "all Airbus" operator. Viva Air Peru now operates three A320s.

The two companies intend to develop the low-cost model in Latin America, a market that offers growth opportunities.

Viva Air is a Panamanian group created by Irelandia Aviation and led by Declan Ryan. Irlandia has developed six low-cost airlines in the world: Allegiant, Ryanair, Tigerair, VivaAerobus, VivaColombia and more recently Viva Air PerĂº. Together, these airlines, Irlandia represents a combined fleet of more than 420 aircraft and have transported more than one billion passengers.

Since 1990, Airbus has a market share of 60% for aircraft orders from airline operators in Latin America and the Caribbean.

As of the end of November, the Airbus A320 family had recorded 388 orders since the beginning of the year and 13,353 since the beginning of the program.