Icelandair Group HF said on Friday it secured a deal to purchase about 25 of European planemaker Airbus SE's latest A321XLR single-aisle jet, with deliveries slated to begin in 2029.
As part of the deal, Icelandair has an option to purchase an additional 12 aircraft, and has already agreed to buy 13 of Airbus' newest and largest narrowbody airliner at an undisclosed price.
Icelandair, however, said it plans to start using the world's largest planemaker's aircraft from 2025, and is currently in advanced negotiations to lease four Airbus A321LR planes for this purpose. "With the acquisition of the Airbus aircraft, Icelandair will complete the replacement of the Boeing 757," the company said in a statement.
Icelandair said it would continue to operate a full Boeing fleet until 2025, after which a mixed fleet of both Airbus and Boeing planes will be in operation following the first deliveries from Airbus.
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