The Airbus #A320neo family is the most advanced A320 family of aircraft by Airbus . This family consists of the existing and upcoming fuel-efficient aircraft developed by Airbus that aims to replace the existing A320 family. The abbreviation ‘neo’ stands for ‘new engine option’ that replaces the previous generation CFM56 and IAE V2500 with upgraded and efficient CFM LEAP and PW1000G engines. Advanced wingtips called ‘Sharklets’ also contribute to making the A320neo aircraft 20% more efficient th