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IAG Converts 11 Aircraft Options Into Firm Orders For Iberia

6th Aug 2015 10:32

LONDON (Alliance News) - International Consolidated Airlines Group Thursday said it is converting eight A350-900 and three Airbus A330-200 longhaul aircraft options into firm orders for Spanish airline Iberia.

IAG said the aircraft will be delivered between 2016 and 2021, enabling Iberia to replace and expand its existing longhaul fleet.

The company added that it has also converted 20 Airbus 320neo options into firm orders, to be delivered between 2020 and 2021 and which can be used by any airline in the group for fleet replacement.

IAG said the aircraft will bring cost efficiencies and environmental benefits to its fleet.

Shares in IAG were trading up 0.2% at 552.50 pence Thursday morning.

By Karolina Kaminska; [email protected] @KarolinaAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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