StockMarketWire.com - International Consolidated Airlines said it had ordered eight Airbus A321XLR aircraft for Iberia and six for Aer Lingus.

The company, which also owns British Airways, had also signed up for a further 14 purchase options over the aircraft model.

Iberia and Aer Lingus would be among the launch customers for the extra long-range narrowbody aircraft, with first deliveries scheduled for 2023.

International Consolidated Airlines said the aircraft would enable Aer Lingus to launch new routes beyond the US East Coast and Canada.

For Iberia, the model would enable it to operate new transatlantic destinations and increase frequencies in key markets.

'The A321XLR has the same unit cost as a widebody longhaul aircraft which will enable profitable network expansion,'' chief executive Willie Walsh said.

'This will strengthen both Dublin and Madrid hubs providing new transatlantic routes and additional flexibility for connecting passengers.'

'These aircraft will also bring further cost efficiencies and environmental benefits.'

At 2:44pm: [LON:IAG] International Consolidated Airlines Group share price was +3.35p at 453.95p



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