Episode 123

 is the 123rd episode of the Fairy Tail anime. It will first air on March 24, 2012.

Magic used

 * Air Magic (空気魔法 Kūki Mahō)
 * Telepathy (念話 Terepashī)
 * Fairy Sphere (妖精の球　(フェアリースフィア) Fearī Sufia)
 * High Speed (神足 Hai Supīdo)
 * Rainbow Fire (七色の炎 Reinbō Faia)
 * Ice-Make (氷の造形魔法 (アイスメイク) Kōri no Zōkei Mahō (Aisu Meiku))
 * Iron Dragon Slayer Magic (鉄の滅竜魔法 Tetsu no Metsuryū Mahō)
 * Requip (換装 Kansō lit. Express Equipmentary)
 * The Knight (騎士 Za Naito)
 * Titan (巨人 Jiyaianto)

Spells used

 * Aerial Levitation
 * Blue Fire (ブリューファイア Burū Faia)

Items used

 * Club
 * Hammer
 * Magic Bomber - Christina
 * Ship
 * Binoculars