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IAG orders 8 Airbus A330 300 aircraft for Iberia

LONDON, Mar 7, – International Airlines Group, formed from the merger of British Airways and Iberia, said Monday it had ordered eight Airbus A330-300 long-haul aircraft for Iberia.

"The new aircraft will be more cost effective to operate as they are around 15 percent more fuel efficient than the aircraft that they replace," IAG said in a statement, adding they have improved environmental performance.

The A330s, which will be delivered between late 2012 and early 2014, will replace up to 16 Airbus A340 family aircraft.

It also took options on another eight of the A330 planes.

"With the new aircraft and options, IAG will have the flexibility to determine the overall size of Iberia\’s long-haul fleet and capacity in future," IAG said.

Iberia\’s current long-haul fleet consists of 18 A340-300 and 17 A340-600 aircraft.

IAG said the aircraft can be easily assimilated into Iberia\’s existing long-haul fleet, reducing the need for additional crew training and maintenance costs.

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