IAG firms up on orders for 37 Airbus A320 neo-family jets, with option for a further 50

In addition to firming up on an order for 12 Airbus A320neo-family aircraft which were part of an options order back in August 2013, International Airlines Group (IAG) has confirmed that it has also placed a firm order for a further 25 of the family of jets, while also placing an option for 50 additional aircraft.

IAG has its corporate headquarters in London, UK and its registered office in Madrid, Spain. The group comprises Aer Lingus, British Airways, IAG Cargo, Iberia, Iberia Express, LEVEL, Vueling and Avios Group. The latest jets on firm order will be delivered between 20025 and 2028 and will be a combination of A320neos and A321neos, though the exact numbers of each will be confirmed at a later date.

IAG has also confirmed that these new aircraft will be used to replace existing A320ceo-family aircraft. The news follows on from what has been a challenging first half of the year for Airbus with additional industry concerns instigated by the geopolitical and economic climate. Airbus’ CEO, Guillaume Faury has made it clear that with supply chain problems the company will have to change its targeted ramped-up production rate of the A320-family aircraft to 65 per month by the early 2024, increasing to 75 units per month by 2025.