Published on October 27th, 2022 | by Alan Dwyer0
IAG Order More A320neo as Shareholders Approve MAX Order
The owners of Aer Lingus, the IAG Group have confirmed an order for a further 37 Airbus A320neo aircraft. 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. The IAG Group has also received shareholder approval for a previously announced order with Boeing for an order of 25 Boeing 737-8200 and 25 Boeing 737-10 aircraft, plus 100 options. The firm order for the 50 737s will be reflected on Boeing’s sales website in November.
The International Airlines Group (IAG) is one of the world’s largest airline groups, with a fleet of 531 aircraft. Before the impact of the COVID-19 pandemic, it operated to 279 destinations and carried around 120 million passengers each year. It is a Spanish registered company with shares traded on the London Stock Exchange and Spanish Stock Exchanges. Airlines in the IAG Group include Aer Lingus, British Airways, Iberia, Vueling, and Level. As the group will bulk purchase aircraft, it is not yet clear which airlines will operate the new Boeing and Airbus fleets. All airlines in the group currently operate single-aisle Airbus aircraft for their short-haul fleets. However, online speculation suggests that Vueling will take a large number of Boeing aircraft for its proposed new low-cost London Gatwick base. With Aer Lingus having recently received its first two Airbus A320neo aircraft, it is expected that more will come as the airline’s short-haul fleet comes up for renewal.
Commenting as the Airbus order was announced, the Chief Commercial Officer and Head of Airbus International, Christian Scherer said, “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.”
Commenting as the approval for the order with Boeing was approved, Boeing’s senior vice president of Commercial Sales and Marketing, said, ”We welcome today’s decision by IAG’s shareholders to approve a firm order for 50 737-8-200s and 737-10s, with options for 100 more, and we look forward to working with IAG on reintroducing the 737 into the Group’s fleets.”