British Airways owner International Airlines Group is converting 14 Airbus A320neo options into firm orders.
The options, announced in August 2013, are being converted into orders for 11 A320neos and three A321neos.
This is in addition to the conversion of eight options which IAG exercised in March 2022 for six A320neos and two A321neos.
The A320neo list price is approximately $120 million and the A321neo $140 million. IAG has negotiated a “substantial discount” from the list price.
The aircraft will be delivered in 2024 and 2025 to be used to replace A320ceo family aircraft in the group’s short-haul fleet.
The group said: “These modern, more fuel-efficient aircraft will bring both cost efficiencies and environmental benefits to IAG airlines.”
Besides BA, IAG is the parent company of Are Lingus, Iberia and Spanish low cost carrier Vueling.