IAG, which also owns Spain's Iberia, said in a statement that it will convert 12 options into firm orders for A320neos and A321neos. The London-based airline conglomerate will also order another 25 A320neo family jets with the option to purchase 50 more. The deal, announced one week after Britain's Farnborough Airshow, is worth between USD 4.44 billion and USD 5.18 billion at list prices depending on the mix of single-aisle aircraft.
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