Airbus to Supply Italian Airline ITA's Fleet
September 30 2021 - 1:10PM
Dow Jones News
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)
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