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Share Name Share Symbol Market Type
Airbus SE EU:AIR Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.32 -2.0% 113.40 112.80 114.00 114.46 112.18 114.00 2,241,374 16:40:00

Airbus to Supply Italian Airline ITA's Fleet

30/09/2021 6:10pm

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   By Joshua Kirby 
 

Airbus SE has been chosen to equip the fleet of Italia Trasporto Aereo, with the Italian flag carrier agreeing to buy 28 aircraft and lease others.

ITA will buy 10 of the plane maker's A330neo long-haul aircraft, seven A220-family regional jets and 11 A320neo-family planes, the company said Thursday.

ITA said it has also signed an agreement with U.S-based Air Lease Corp. to lease 31 Airbus aircraft of various types, and will lease a total of 56 Airbus planes over the course of the business plan. The terms of the agreement are significantly more favorable than those applied to predecessor Alitalia, ITA said. Delivery of the planes will begin in the first quarter of next year, the airline added.

No financial details of the agreements were disclosed.

 

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

 

(END) Dow Jones Newswires

September 30, 2021 12:55 ET (16:55 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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