Iberia makes firm order for 20 Airbus A320neo

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To modernise its short- and medium-haul fleet, Iberia has made a firm order to acquire 20 Airbus A320neo aircraft, Iberia’s CEO and chairman, Luis Gallego, announced today.

The announcement was made at an event to celebrate Iberia’s 90th anniversary.

The book value of the aircraft order is $1.84 billion, but Iberia’s parent company IAG has reportedly negotiated a significant reduction in the price.

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