By Elena Vardon

International Consolidated Airlines Group on Friday said it is converting 10 of its options on the Airbus A320neo aircraft into firm orders.

The London-listed airline group--which operates Iberia and British Airways among others--said that the airplanes, which are set to be delivered in 2028, will be used by any of its current airlines to replace A320ceo family aircraft.

"These latest generation aircraft are more cost and fuel efficient than those they will replace and will help towards our commitment to achieve net zero carbon emissions by 2050," Chief Executive Luis Gallego said.

Write to Elena Vardon at elena.vardon@wsj.com

(END) Dow Jones Newswires

June 30, 2023 07:01 ET (11:01 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
International Consolidat... (PK) (USOTC:ICAGY)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more International Consolidat... (PK) Charts.
International Consolidat... (PK) (USOTC:ICAGY)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more International Consolidat... (PK) Charts.