LAN Airlines will sell existing Airbus aircraft as well as accept delivery of new equipment beginning in 2011.
According to an earnings release, LAN's strategic fleet renewal plan involves the sale of five Airbus A318 aircraft in 2011. In the fourth quarter ended 31 December, the airline ordered 30 new Airbus A320 family aircraft destined for its regional and domestic passenger operations to be delivered between 2011 and 2016.
During the quarter, LAN also received two new Boeing 767-300 passenger aircraft.
The latest agreement brings the total number of Airbus aircraft LAN has on order to more than 100.
Lan currently operates 53 aircraft that includes Boeing 767-300ERs, A318-100s, A319-100s, A320-200s, and A340-300s, according to Flightglobal's ACAS database.
Separately, LAN is set to make a major acceleration in its delivery of its first Boeing 787 after a slot swap with Japan's All Nippon Airways (ANA), reports CAO's sister publication, ATI.
Two delivery slots from the early batch of aircraft scheduled for delivery in late 2010 and early 2011 have been reallocated from ANA to LAN, sources tell ATI.