IAG converts options on 19 Airbus

5th November 2015, Comments 0 comments

International Airlines Group (IAG) said Thursday it had converted options on 19 medium-and long-haul Airbus planes to firm offers worth $2 billion at catalogue prices.

British Airways parent IAG said it would purchase two long-haul Airbus 330-300 jets for Irish carrier Aer Lingus, recently brought under its umbrella.

The Irish airline will receive the pair next year.

Spanish-British multinational IAG, which also owns Spanish low-cost carrier Vueling, is also purchasing two Airbus A330-200 aircraft which Spanish national airline and BA partner Iberia will bring into service between 2017 and 2018.

IAG obtained the options in September of last year.

The group has furthermore firmed orders for 15 Airbus A320 new engine option (neo) medium-haul jets boasting more fuel-efficient engines.

IAG announced those options in August 2013 and they will be delivered between 2018 and 2021 for use across the group's four carriers.

© 2015 AFP

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