International Airlines Group (IAG), parent company of British Airways, Iberia, Vueling and Aer Lingus has converted a further 15 Airbus orders for its short haul fleet.
IAG has orders and options for a total of 220 A320 aircarft. Some of these were firm orders which have already been delivered to Vueling, while others such as the announcement today are for future aircraft deliveries whcih will take place after 2020.
John Leahy, Airbus' Chief Operating Officer – Customers, said.
“IAG is one of the biggest customers for Airbus single aisle aircraft and demonstrates the preference of our products amongst the world’s leading airlines. We are delighted with IAG’s further vote of confidence in Airbus’ products”.
IAG says that the A320neo family incorporates "new engines and the latest technologies [and] brings a step-change reduction in fuel consumption of over 15 per cent from day one and 20 per cent by 2020, longer range capability and reduced maintenance costs, as well significantly reduced carbon emissions.
The list price for the A320neo is approximately US$92.0 million per aircraft, although IAG says it has negotiated "a substantial discount from the list price".
Since its launch in 2010 the A320neo Family has won 60 per cent of all new orders for single aisle aircraft with over 100 seats and has been selected by over 75 airlines worldwide.
Tom Otley
