The FINANCIAL — The IAG Group has reached an agreement with Airbus to purchase 16 A330-300 aircraft – eight firm acquisitions and eight options – for Iberia’s long haul fleet.
The A330s, which will be delivered between autumn 2012 and spring 2014.
Among other advantages, the new aircraft will be more cost effective to operate as they are around 15 per cent more fuel efficient than the aircraft that they replace. They also have an improved environmental performance. The aircraft can be easily assimilated into Iberia’s existing long haul fleet, reducing the need for additional crew training and maintenance costs.
With the new aircraft and options, IAG will have the flexibility to determine the overall size of Iberia’s long haul fleet and capacity in future.
Iberia’s current long haul fleet consists of 18 A340-300 and 17 A340-600 aircraft.
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