New York — Aerospace company Boeing said that airline holding company International Airlines Group (IAG) has finalized an agreement to buy up to 150 planes. IAG owns flagship airlines British Airways and Iberia as well as Aer Lingus and Iberia Express, and low cost carriers LEVEL and Vueling.
The latest agreement foresees a combined total of 50 737-8-200s and 737-10s, plus 100 options.
The deal for up to 150 planes, including 100 options, finalizes a commitment IAG made for the 737 at the 2019 Paris Air Show and is subject to approval by IAG shareholders.
The 737-10, the largest model in the family, seats up to 230 passengers in a single-class configuration and can fly up to 3,300 miles. The fuel-efficient jet can cover 99% of single-aisle routes, including routes served by 757s.The 737-8-200 will enable IAG to configure the aeroplane with up to 200 seats, increasing revenue potential and reducing fuel consumption, Boeing said in a statement."
The addition of new Boeing 737s is an important part of IAG's short-haul fleet renewal. These latest generation aircraft are more fuel efficient than those they will replace and in line with our commitment to achieving net zero carbon emissions by 2050," said Luis Gallego, IAG's chief executive."
With the selection of the 737-8-200 and larger 737-10, IAG has invested in a sustainable and profitable future, as both variants will significantly lower operating costs and CO2 emissions," said Stan Deal, president and chief executive of Boeing Commercial Airplanes, in the company's statement.
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