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Synergy Aerospace has finalised a purchase agreement covering 62 Airbus A320neo-family aircraft, after signing a memorandum of understanding for the narrowbodies at last year's Paris air show.
In its update on the deal, Airbus says the aircraft are for fleet renewal and network growth at Avianca Brazil, in which Synergy is the largest shareholder.
Synergy also has a majority stake in Colombia-based Avianca.
Airbus says the deal takes it past 1,000 aircraft sold in Latin America.
The manufacturer's chief operating officer for customers John Leahy notes: "Domestic traffic in Brazil is projected to nearly triple by 2034, placing it among the world's top 10 fastest-growing traffic flows in the world.
"These A320neo will allow Avianca Brazil to capitalise on this growth and deliver enhanced performance capabilities in challenging airports such as Rio de Janeiro's Santos Dumont."
Synergy became an Airbus customer in 2007 when it ordered 10 A350 XWBs. It also has ordered 20 A320-family narrowbodies, six A330-200 passenger jets and one A330-200 Freighter, says Airbus.
Today, Avianca Brazil operates 40 A320-family aircraft and one A330 Freighter.
Source: Cirium Dashboard