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IAG converts 14 A320neo options into firm orders

Thu, 30th Jun 2022 09:05

(Sharecast News) - British Airways owner International Airlines Group (IAG) said was converting 14 A320neo orders into firm orders for 11 A320neos and three A321neos.

The deal is in addition to the conversion of eight A320neo family options which IAG exercised in March 2022 for six A320neos and two A321neos.

The A320neos have a list price of $120m, and the A321neos' list price is $140m, however, IAG said it had negotiated a "substantial discount" for the aircraft.

These aircraft will be delivered in 2024 and 2025 and will be used to replace A320ceo family aircraft in the Group's short-haul fleet, IAG, which also owns Iberia, Vueling and Aer Lingus, said.

"These modern, more fuel-efficient aircraft will bring both cost efficiencies and environmental benefits to IAG airlines," the company added.

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