Icelandair Inks Deal for Up to 25 Airbus Jets in Blow to Boeing

A Boeing 737 Icelandair passenger plane lands at Keflavik International Airport outside Reykjavik.
Photographer: Sergei Gapon/Anadolu Agency/Getty Images

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By Katrina Nicholas

April 7, 2023 at 2:59 AM UTC

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Icelandair Group HF has signed a memorandum of understanding with Airbus SE to buy 13 of its A321XLR aircraft with the purchase rights for an additional 12 jets in a blow to rival planemaker Boeing Co.

The aircraft deliveries should start in 2029 however Icelandair plans to start operating Airbus aircraft in 2025 and is in advanced talks for four leased A321LRs for that purpose, it said in a statement Friday. No financial terms were disclosed.