Iberia Buys Airbus A330s To Replace Higher-Fuel-Burn A340s

Iberia is buying eight Airbus A330-300s with options for eight more as replacements for 16 higher-fuel-burn A340s in a move that signals increasing fuel prices could again spur fleet modernization. Deliveries of the new order are to start in the second half of 2012 and run into the first half of...

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