By Olivia Bugault

Airbus SE said Thursday it has signed an agreement with German airline Condor for 16 A330neo wide-body aircraft.

Under the deal--which was announced by the airline on Wednesday--Condor will buy seven of these planes and intend to lease a further nine, the European plane maker said.

"The first aircraft is expected in autumn 2022, whilst the replacement of the entire long-haul fleet is scheduled to be completed by mid-2024," Condor said Wednesday.

Write to Olivia Bugault at olivia.bugault@wsj.com

(END) Dow Jones Newswires

July 29, 2021 04:47 ET (08:47 GMT)

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