British Airways Owner To Buy 14 Airbus Jets

London, (UrduPoint / Pakistan Point News – thirtieth Jun, 2022 ) :British Airways guardian IAG stated Thursday it has ordered 11 Airbus A320neo plane and three A321neos price $1.7 billion, because the aviation sector seeks to get better from the pandemic.

The airline conglomerate, which additionally owns Aer Lingus and Iberia, has transformed choices to purchase the fuel-efficient single-aisle jets after negotiating a “substantial” low cost, it stated in a press release.

The planes, due for supply in 2024 and 2025, will change older A320ceo plane in IAG’s short-haul fleet.

This is along with the conversion of eight choices in March for six A320neos and two A321neos.

“These modern, more fuel-efficient aircraft will bring both cost efficiencies and environmental benefits to IAG airlines,” the corporate added within the assertion.

The agency will announce engine choice and financing choices nearer to the supply time.

Thursday’s information is a lift to Airbus after IAG final month ordered 50 fuel-efficient 737 MAX jets price $6.25 billion from the European planemaker’s fierce US rival Boeing.

The Boeing deal was a vote of confidence within the crisis-hit MAX jet after two lethal crashes in 2018 and 2019.

The raft of orders come amid indicators of restoration within the aviation sector, which was ravaged by the Covid pandemic.

British low-cost provider EasyJet this month exercised choices to purchase 56 A320neo plane price $6.5 billion and due for supply between 2026 and 2029.

IAG in May forecast a return to annual revenue after narrowing Covid-induced losses as journey restrictions have been eased.

The group had collapsed into losses throughout 2020 and 2021 because the pandemic grounded planes and slammed demand.

Nevertheless, airways and airports are presently struggling to recruit ample employees as skies reopen after the lifting of pandemic lockdowns, which noticed the business slash hundreds of jobs.

Against this backdrop, British Airways staff at London’s Heathrow airport voted final week to strike over pay, as surging inflation erodes wages and sparks industrial unrest.

The employees in customer-facing roles like check-in voted by greater than 90 p.c in favour, commerce unions stated, threatening a “summer of strikes” as (*14*) cost-of-living disaster worsens.

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