IAG Places $4.6 billion Order with Airbus

By Jesse Sokolow on 6 August 2015
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An Iberia A319 aircraft in Zürich

British Airways parent International Airlines Group announced it has placed an order for 31 new Airbus aircraft.  The order includes 11 wide-body airliners and 20 narrow-body planes.

The wide-body order, eight A350-900s and three A330-200s, will be used for Iberia’s fleet modernization and new routes.  The narrow-body jets, all A320neos, have yet to be allocated to the group’s airlines.

IAG and its airlines now have a total of nearly 450 aircraft on order from Airbus.  Between BA, Iberia, and Vueling, a Spanish low-cost carrier, it operates almost every Airbus type from a small single-aisle A318 to the superjumbo A380.

The new IAG order is “very significant for us,” said Airbus COO John Leahy, noting the “repeat selection” by IAG of the A320neo.

The A320neo will incorporate many innovations by including the latest generation engines and large sharklet wingtip devices.  Airbus says that these innovations will reduce fuel usage by 15%.  By 2020, the aircraft manufacturer promises to deliver 20% in fuel savings.  Airbus has reported over 11,800 orders and 6,600 deliveries of A320 family airliners.

(Photo: Accura Media Group)

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