"The new Airbus planes?They will be the low-cost breakthrough in long-haul flights'
by Mara Monti
3' min read
3' min read
From our correspondent
"S we are studying the flight plan 2030 and the new Airbus A321XLR will fit right into our new network". For Marco Sansavini, ceo of Iberia since 1 March this year after a past experience in the same role at VUeling, the low-cost company of the IAG group, the new aircraft - an extension of the A321neo family of aircraft - represents a paradigm shift for the air transport sector and Iberia, as launch carrier, will take the next steps towards this transformation. How, the CEO explains in this interview.
IAG, the holding company to which Iberia belongs together with British Airways, has just presented its quarterly results, among the best in the European air transport sector, with net profit up 17%, turnover up 7.9% to 9.3 billion, and prospects for ending the year on an upward trend. Which sectors will benefit from these results?
The financial results are the basis from which we can invest in new aircraft and continue to expand: this year we have grown by 14% compared to last year in terms of capacity and we are over 17% above 2019 levels, i.e. before Covid. These results also allow us to deploy resources in personnel: in the last year and a half we have hired 2,000 people including 300 pilots and 1,200 flight attendants and other figures to cover fleet expansion needs: we have ordered many A350s, replaced the A340-600s that were consuming a lot, and included in the fleet all new generation aircraft that are more sustainable with 30% less fuel consumption. We must trigger a virtuous circle: if the results are positive, we can invest in personnel, aircraft, and services to make people choose us.
You started a transformation phase of the company some time ago, what will be the next steps?


