PARIS (Reuters) - Airbus has delivered its first A321XLR, the longest-range single-aisle jet, after Spanish airline Iberia took ownership, Flightradar24 tracking data shows.

The plane, which took five years to develop and targets a market previously served by Boeing's out-of-production 757 or larger wide-body jets, switched owners late on Tuesday and is scheduled to fly from Hamburg to Madrid on Wednesday.

Airbus declined comment. Iberia did not immediately respond to a request for comment on the delivery, which was reported by Reuters on Tuesday.