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Iberia orders 20 Airbus A320neo Airliners

Iberia orders 20 Airbus A320neo Airliners

2017 06 28

2017 06 28

Iberia’s Chairman and CEO, Luis Gallego, disclosed today that the Spanish airline has made a firm order to acquire 20 new Airbus A320neo aircraft to modernise its short- and medium-haul fleet. The aircraft will be delivered from the first half of 2018 through 2021. 

The announcement was made at an event jointly hosted by the CEOE business organisation federation and the CEPYME, representing the country’s small and medium enterprises (SMEs). The event was held on the occasion of Iberia’s 90th anniversary.

The book value of the aircraft order is $1.84 billion, but Iberia’s parent company IAG has reportedly negotiated a significant reduction in the price.

The order follows the modernisation of Iberia’s long-haul fleet which began in 2013, under which 39 new aircraft will join the fleet through 2021, including 16 new-generation Airbus A350-900s, the first of them to be delivered next year.

The new A320neo represents a major advance in fuel economy, reduced emissions, and low noise. The larger A350-900s combine additional passenger comfort with maximum operational efficiency.

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