International Airlines Group (IAG) is betting on its budget carrier Vueling instead of struggling national carrier Iberia to recapture the Spanish market as indicated by a giant order of new aircraft. IAG, parent also of British Airways, on Wednesday announced firm orders and options for up to 220 Airbus A320 family medium-haul aircraft with a total value of $20 billion (15 billion euros) at list prices. The bulk of the firm orders has been earmarked for Vueling. Thirty of the current model of the A320 and 32 of the new A320neo are to replace about half of the Barcelona-based airline’s fleet when they are delivered between 2015 and 2020.
