British carrier IAG exercises a series of options for the purchase of 14 Airbus aircraft
Demand is now taking off again and IAG had indicated last month that it anticipated a return to profitability from the second quarter, planning to ramp up as the summer season approaches.
But since health restrictions were lifted in many countries, including the UNITED Kingdom, earlier this year, carriers have been struggling to meet rising demand, mainly due to severe labour shortages.
British Airways continues to operate a lighter flight schedule.
In this context, British Airways ground staff at The British airport Heathrow voted at the end of last week in favour of a strike on wages, planned during the summer holidays.
British carrier IAG said on Thursday it was exercising a series of call options with European aircraft manufacturer Airbus.
The company will acquire eleven A320neo aircraft and three A321neo aircraft, for a list price of $1.7 billion (1.61 billion euro).
The company said in a statement that it had negotiated a “substantial discount” compared to this price for these “firm orders” made under a contract dating from August 2013.
