LEVEL, the Spanish long-haul low-cost carrier, has taken delivery of an Airbus A330-200, identified by serial number 1319. The aircraft, operated by Iberia (Spain), is powered by Rolls-Royce Trent 772B-60 engines, further enhancing LEVEL’s operational capacity on long-haul routes.
LEVEL, a Spanish airline and a subsidiary of International Airlines Group (IAG), has announced plans to wet-lease its Airbus A330 aircraft to Iberia, another IAG carrier, during its ongoing process to secure a foreign air carrier permit and interim exemption authority from the US Department of Transportation (DOT). The move aligns with the US-EU Open Skies agreement, which facilitates…
IAG CEO Luis Gallego has not yet confirmed whether the group will take part in Globalia’s proposed capital increase for Air Europa, aimed at strengthening the Spanish airline’s financial stability. This potential investment would enhance Air Europa’s fiscal resilience, particularly valuable as the airline seeks to recover from recent economic challenges and compete effectively within Europe.
The Portuguese government has expressed its intention to retain a 51% controlling stake in TAP Air Portugal, following the airline’s recent public-funded rescue. This move ensures that Portugal maintains a majority interest in TAP, safeguarding national interests and providing stability as the airline recovers from financial challenges. However, this approach may affect potential investment from…
Iberia, Spain’s national carrier, is set to introduce Airbus A321XLR service on its routes from Madrid to Paris Charles de Gaulle (CDG) and Stockholm Arlanda by November 7, 2024. This deployment of the A321XLR will enhance Iberia’s connectivity across Europe, offering passengers greater comfort and efficiency on these popular routes.
Aergo Capital Limited, a Dublin-based aircraft leasing company, has announced the acquisition of an Airbus A320-200 aircraft, bearing manufacturer serial number 5692. The aircraft, managed by SMBC Aviation Capital, is currently on lease to Iberia, Spain’s flagship carrier.
Iberia, Spain’s flag carrier, has taken delivery of its first Airbus A321XLR, becoming the global launch operator for this new extended-range single-aisle aircraft. Powered by CFM LEAP-1A engines, the A321XLR promises operational efficiencies with 30% lower fuel burn per seat compared to previous-generation aircraft. Iberia will initially operate the A321XLR on European routes before launching…
