Iberia Renews Fleet This Year, Expands In Europe

Spanish carrier Iberia expects to take delivery of 26 new aircraft this year. It wants to introduce three Airbus A340s, 15 Airbus A320s and eight Boeing 757s that will replace aging Boeing 727s and DC-10s. Iberia phased in 21 jets in 1999 and plans to finalize its fleet acquisition by 2003. The...

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