ARC NEWS
Iberia Express orders 232-seat A321neos
May 16, 2019
IAG is to place four Airbus A321neos with its Spanish spin-off arm Iberia Express, deploying the twinjets with the carrier from April next year. Iberia Express already has four A321s , part of a fleet which also includes 18 A320s. It says the aircraft will be configured with 232 seats, in a mix of business- and economy-class cabins. They will undoubtedly help us to consolidate further the value proposition to our customers,” says chief executive Fernando Candela.
Airbus’s latest backlog figures show that Spanish flag-carrier Iberia converted a December 2015 order for three A320neos to A321neos in April this year. This conversion gives Iberia a total order of seven A321neos as well as 13 A320neos – two of which have been delivered.


Jet Airways CFO resigns
May 15, 2019
Chief financial officer and deputy chief executive of Jet Airways, Amit Agarwal resigned from the airline on 13 May. The carrier announced Agarwal’s departure in a stock exchange statement, saying that it was due to “personal reasons”.
No immediate successor was named by the company. Jet Airways suspended operations on 17 April after it was unable to source emergency funding to keep flying. A process to find new strategic investors is ongoing, with Etihad Airways confirming that it is prepared to “reinvest” in the bankrupt operator but would require other suitable investors to also help recapitalise it.


Jet Airways chief resigns
May 15, 2019
Vinay Dube, chief executive of Jet Airways has resigned. The Indian carrier says Dube is stepping down "with immediate effect due to personal reasons", a statement to the Bombay stock exchange confirmed. Dube became Jet's chief in August 2017, having previously served as senior vice-president for Asia-Pacific at Delta Air Lines. Jet also today disclosed the resignation of finance chief Amit Agarwal, also for personal reasons.


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