Deals
IAG Said to Seal Long-Range Airbus A321Neo Order for Aer Lingus
- Transaction may be announced with annual results next week
- Planes will replace ageing Boeing 757s on trans-Atlantic trips
This article is for subscribers only.
IAG SA has sealed a deal to take seven long-range variants of Airbus Group SE’s A321neo single-aisle jetliner for Irish arm Aer Lingus, people with knowledge of the agreement said.
The transaction may be unveiled on Feb. 24 when British Airways parent IAG reports full-year results, according to the people, who asked not to be named as the details aren’t yet public. The company is likely to take the jets via a lease deal involving a new order from a third party, one of the people said.