Colombian airline Avianca has confirmed its order for 100 A320neo family aircraft, the largest ever by a Latin American airline, in deal worth approximately $10 billion at catalogue prices, Airbus said Tuesday.

The  "largest single order ever made in Latin America’s aviation history" will "allow Avianca to maintain one of the youngest fleets in the region as the airline aims to replace airplanes currently operating from their Bogota, Lima and San Salvador hubs," said a statement by Airbus.