Spain's Ministry of Defence Purchases A330s and Helicopters from Iberia and Airbus
What happened
The Spanish Council of Ministers authorized the Ministry of Defence to purchase three A330-200s from Iberia, which will be converted into multi-role transport/tanker aircraft. The total estimated cost for this purchase is EUR 810 million. The deal also includes thirty-six H135s and four H160s from Airbus Helicopters for the Ministry of Interior.
From ch-aviation.com
Why it matters
The government estimates that the acquisition will create 800 additional jobs during the conversion process at Madrid Getafe airport. The procurement represents a significant investment in Spain's national aviation and defense industry.
From ch-aviation.com
Who's involved
- IberiaSeller of A330-200s and operator of aircraft
- Ministry of DefenceBuyer of A330-200s for defense purposes
- Airbus HelicoptersSupplier of H135 and H160 helicopters
- SMBC Aviation CapitalAircraft leasing partner for Iberia
- Ministry of InteriorUser of Airbus helicopters
- SpainCountry whose national aviation industry is benefiting from the contract
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Airbus HelicoptersSpeculative
Airbus Helicopters may see increased revenue from the government contract for H135s and H160s.
- IberiaSpeculative
Iberia could see increased revenue from the government sale of A330-200s.
- SpainSpeculative
Spain may see increased investment in its national aviation industry due to the EUR 810 million procurement.
Keep exploring
The entities involved
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Iberia
flag-carrier airline of Spain
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SMBC Aviation Capital
aircraft leasing company
Nothing else this week.
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Ministry of Defence
United Kingdom government department responsible for implementing the defence policy
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Airbus Helicopters
European helicopter manufacturing and support company