International Cons Airlines Group IAG orders 37 A320neo family aircraft (1221U)
28 Julio 2022 - 6:34AM
UK Regulatory
TIDMIAG
RNS Number : 1221U
International Cons Airlines Group
28 July 2022
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
IAG orders 37 A320neo family aircraft
International Airlines Group (IAG) is converting 12 of the
A320neo family options announced in August 2013 into firm orders
for A320neos and A321neos. The Group is also ordering a further 25
A320neo family aircraft with the option to purchase 50 additional
aircraft.
The exact mix of A320neos and A321neos will be decided closer to
the delivery dates.
The firm aircraft will be delivered between 2025 and 2028 and
will be used to replace A320ceo family aircraft in the Group's
short-haul fleet.
The addition of these latest generation more fuel-efficient
A320neos is an important step towards IAG meeting its climate
commitments.
The fleet order is subject to approval by IAG shareholders.
Nicholas Cadbury
Chief Financial Officer
28 July 2022
NOTE TO EDITORS:
-- The A320neo list price is approximately US$120 million and
the A321neo list price is approximately US$140 million. IAG has
negotiated a substantial discount from the list price
-- IAG will make the engine selection for the aircraft closer to
the delivery time
-- IAG has a range of financing options and will choose the most
appropriate source closer to the delivery time
-- These aircraft orders are consistent with IAG's previously
communicated capital expenditure plans.
-- The options to purchase are available for delivery between
2028 and 2030
LEI: 959800TZHQRUSH1ESL13
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