The Airbus A320 is a family of narrow-body, single-aisle, twin-engine jet airliners. It’s one of the most popular commercial aircraft in the world, used by airlines globally for short- and medium-haul routes.
What is the price of an Airbus A320?
Base price of this aircraft can range between $90 million to $110 million US, it depends on the specific model and configuration.
Airbus Customization
Airlines may choose customized interiors, which can drive the price up. Some of the features include seating configurations, entertainment system and luxury cabins. You could imagine all those luxurious cabins that you see in business class and first class really drive price up.
Engine Choice
The A320 family comes with options for CFM International’s CMF56 engines or Pratt & Whitney’s PW1000G engines.
Purchase Volume
Airlines buying multiple aircraft may receive discounts on bulk purchases, which can significantly reduce the cost per aircraft.
Additional Costs Beyond the Base Price
Maintenance Costs
Routine maintenance, which includes inspections, engine overhauls, and repairs. On average annual maintenance of an Airbus A320 can range from $2 million to $4 million USD, all depending on the airline’s operational frequency.
Operating Costs
This includes fuel, crew salaries, insurance, and landing fees. An A320 burns about 2,500 to 3,000 liters of fuel per hour of flight. Fuel efficiency is one of the factors that has made the A320 so popular among airlines.
Depreciation
Aircraft like the A320 depreciate over time, with values typically dropping by around 5-10% annually.
Leasing vs. Purchasing
Many airlines choose to lease aircraft rather than purchase them outright due to the high initial cost. Leasing prices can vary significantly, but typical rates for an A320 might be between $200,000 and $300,000 per month depending on the lease terms and duration.
Secondary Market
These planes are often available at lower prices than new models, with prices for a used A320 ranging from $20 million to $50 million depending on age, condition, and modifications.
Long-Term Value
The A320 has a long lifespan, with many airlines using them for 20-30 years. They are considered reliable, and their resale value remains strong in the secondary market.
The Airbus A320 is widely regarded as one of the safest aircraft in the world, thanks to its robust design and advanced safety features. Its engineering excellence ensures reliability, making it a top choice for airlines globally.