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The A320 is a narrow-body airliner developed by Airbus in the 1980s. It was designed to compete with the Boeing 737 Classic and the McDonnell Douglas MD-90 and it was the first commercial airliner to make use of digital fly-by-wire control. The aircraft is powered by either CFM-56 or IAE V2500 engines producing approximately 120kN/27,000lbf of thrust each. In 2010, Airbus launched an updated version of the A320 called the A320neo, where "neo" stands for "New Engine Option". This aircraft comes with new engines (CFM LEAP 1A or Pratt and Whitney PW1100G) and new blended winglets known as Sharklets and these upgrades make the aircraft around 15-20% more fuel efficient than its predecessor.
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