IAG shareholders approve orders for Airbus A320neo, Boeing 737 MAX aircraft

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IAG, the owner of British Airways, Iberia and Aer Lingus, said shareholders have approved orders for 37 Airbus A320neo aircraft and for 50 Boeing 737 MAX aircraft. 

The order for 50 Boeing 737 MAX aircraft was unveiled on May 19, 2022, three years after an initial agreement was proposed.  

The deal for 25 Boeing 737-8200 aircraft and 25 Boeing 737-10 also includes options for a further 100 of the aircraft. 

In response to the shareholder approval, Boeing said it will include the 50 737 MAX aircraft for IAG in its November order data.  

“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 in to the Group’s fleets,” said Ihssane Mounir, Boeing’s senior vice president of Commercial Sales and Marketing, in a statement on October 27, 2022. 

  

How many A320s has IAG ordered in 2022? 

The order for 37 A320neo aircraft was first announced in July 2022. The confirmation means IAG, which also owns Vueling and Level, has now placed firm orders for 59 of the Airbus family this year. The group had already announced deals for 22 A320neo family aircraft in March and June 2022.   

“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, in a statement on October 27, 2022. 

 

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