• Chidozie Uzoezie

Shopping Spree: IAG Orders More Airbus A320neo Aircraft

The International Airlines Group (IAG) seems to be in the mood for shopping lately. The airline group has confirmed an order for 37 additional A320neo aircraft, following shareholder approval.

The latest order follows earlier agreements for 22 A320neo Family (17 A320neos, 5 A321neos) announced in March and June 2022, taking the total for the year to 59 single aisle aircraft.

“IAG operates Airbus aircraft extensively in its fleet making it one of the largest Airbus customers globally. These latest generation aircraft will be key in IAG’s stated environmental mission to operate the world’s most fuel efficient planes”, said Christian Scherer, Chief Commercial Officer and Head of Airbus International.

The A320neo Family incorporates the very latest technologies including new generation engines and Sharklets, which together deliver at least 20% fuel saving. With more than 8,500 orders from more than 130 customers, the A320neo Family is the world’s most popular aircraft.

At the moment, it's not clear which of the group's airlines will operate these aircraft. It is also not clear which engines will power these aircraft. The decision will be between the LEAP-1A and PW1100G turbofan, both of which power the A320neo family.

It'll be recalled that in May, 2022, IAG announced an order for up to 150 Boeing 737 MAX jets, including firm orders for 25 Boeing 737-8-200s and 25 Boeing 737-10s for a total of 50, plus 100 options.

IAG is one of the world's largest airline groups, with a fleet of 531 aircraft. It is comprised of 6 airline brands, including British Airways, Iberia, Aer Lingus, Iberia Express, LEVEL, and Vueling.

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