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Stock impact report

Icelandair CEO reveals why Airbus' A321LR is the perfect 757 replacement — and why the airline isn't ditching Boeing [Yahoo! Finance]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
Company Research Source: Yahoo! Finance
Icelandair also flies the Boeing 737 Max and plans to get the A321XLR in 2029 to open new routes. Icelandair has received its first-ever Airbus aircraft, breaking from its all-Boeing fleet for the first time in its nearly 90-year history. The new A321neoLR planes, which can travel up to nine hours nonstop, were delivered in Reykjavik on December 3. By 2027, the 7 new planes will replace Icelandair's aging fleet of Boeing 757s. Icelandair CEO Bogi Nils Bogason told Business Insider that the A321LR is the "best replacement" for the inefficient 757s as it is 30% more fuel efficient per seat with a similar capacity. He also said the Airbus order has nothing to do with Boeing's ongoing production issues. "We ran a campaign between Boeing and Airbus in 2022 and finalized that in early 2023 with Airbus," he said, meaning the deal was signed before the Alaska Airlines 737 Max blowout in January. The 757 has been the backbone of Icelandair's operation since 1990, connecting Icelan Show less Read more
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