International Airlines Group is converting eight A350-900 and three Airbus A330-200 long-haul aircraft options into firm orders for Iberia.
These aircraft will be delivered between 2016 and 2021 and will enable Iberia to replace and expand its existing long-haul fleet.
IAG has also converted 20 Airbus 320neo options, announced in August 2013, into firm orders.
The aircraft will be delivered between 2020 and 2021 and can be used by any airline in the group for fleet replacement.
“These modern, fuel efficient aircraft will bring both cost efficiencies and environmental benefits to the airlines’ fleet,” IAG said.