(Tiper Stock Exchange) – Icelandairthe national airline of Iceland, e Airbus have signed a Memorandum of Understanding for the purchase of 13 Airbus A321XLR aircraft with rights to purchase an additional 12 aircraft. Aircraft deliveries will begin in 2029. Icelandair, however, expects to start operating Airbus aircraft in 2025 and is currently in an advanced stage of negotiations in relation to four Airbus A321LRs leased for this purpose.
With the acquisition of Airbus aircraft, Icelandair will complete the replacement of the Boeing 757which has been the cornerstone of Icelandair’s operations since 1990.
The purchase price agreed of the 13 aircraft is Reserved, reads a note. Financing for the deal has yet to be determined, with Icelandair exploring financing options closer to the delivery dates.
Until 2025, Icelandair will continue to operate a full Boeing fleet, but after the first deliveries from Airbus, the cThe company will operate a mixed fleet of Airbus and Boeing aircraft.
A321XLR and A321LR aircraft are part of the Airbus A320neo family of narrow-body aircraft offering excellent range, fuel efficiency and lower carbon emissions. The deployment of the aircraft “will reduce operating costs, further support Icelandair’s sustainability goals and deliver an exceptional customer experience through the aircraft’s design and unique features,” it said in the statement.