Griffin Global Asset Management announced the purchase and lease of one Airbus A320neo aircraft and one Airbus A321neo aircraft to Iberia, the flag carrier of Spain. Both aircraft were delivered last month.

“Griffin is delighted to welcome Iberia as a new customer with the purchase and leaseback of two new A320neo family aircraft. We look forward to building upon this long-term relationship with Iberia and its parent, IAG, as we support their fleet modernization ambitions. This transaction reinforces Griffin’s commitment to investing in new, fuel-efficient aircraft which minimize carbon emissions,” Marc Baer, president of Griffin Global Asset Management said.