The Airbus A320neo family is a development of the A320 family of narrow-body airliners produced by Airbus.
The A320neo family (neo being Greek for "new", as well as an initialism for "new engine option") is based on the previous A319, A320, and A321 (enhanced variant), which was then renamed A320ceo, for "current engine option".
Re-engined with CFM LEAP or Pratt & Whitney GTF engines and fitted with sharklets as standard, it is 15% to 20% more fuel efficient than prior models, retroactively renamed the A320ceo (current engine option).
It was launched on 1 December 2010, made its first flight on 25 September 2014 and was introduced by Lufthansa on 25 January 2016.
By 2019, the A320neo had a 60% market share against the competing Boeing 737 MAX.
a total of 9,617 A320neo family aircraft had been ordered by more than 130 customers, of which 2,897 aircraft had been delivered. The global A320neo fleet had completed more than 5.51 million flights over 11 million block hours with one hull loss being an airport-safety related or non-aeronautical accident.
In 2006 Airbus started the A320 Enhanced (A320E) programme as a series of improvements targeting a 4–5% efficiency gain with large winglets (2%), aerodynamic refinements (1%), weight savings and a new aircraft cabin.
At the time Airbus' Sales Chief John Leahy said "Who's going to roll over a fleet to a new generation aircraft for 5% better than an A320 today? Especially if another 10% improvement might be coming in the second half of the next decade based on new engine technology".
Airbus launched the sharklet blended wingtip device during the November 2009 Dubai Airshow. The installation adds but offers a 3.5% fuel burn reduction on flights over .
CFM International LEAP and Pratt & Whitney PW1000G
Compared to the re-engine improvement of 15%, an all-new single-aisle would have brought only 3% more gain while high volume manufacturing in carbon fibre could be much more expensive.
Airbus planned to offer two engine choices, the CFM International LEAP-1A and the Pratt & Whitney GTF (PW1100G), with 20% lower maintenance cost than current A320 engines.