British Airways and Iberia order new planes en masse

British Airways and Iberia order new planes en masse

IAG, the group behind British Airways and Iberia, is expanding its fleet with 71 new aircraft. The orders are neatly divided between Boeing, an American manufacturer, and its European rival, Airbus. The order involves more than 20 billion dollars. The planes would be delivered between 2028 and 2033. IAD did not release how much specifically the company is paying for the aircraft, although top executive Luis Gallego hinted that a “significant dis…

The company International Airlines Group (IAG), the parent company of Iberia, British Airways and Vueling, will hold its next general meeting of shareholders on June 19 in Madrid and will address key decisions for the future of the holding company such as the purchase of new aircraft, the approval of dividends and a reduction of capital. According to the company, the agenda includes the approval of the annual accounts for the 2024 financial year…

Boeing Secures $10 Billion Aircraft Order from UK-Based IAG - The Leaders Globe Media

The United States has announced a major $10 billion aircraft deal involving Boeing, with the order coming from Britain’s International Airlines Group (IAG). The agreement was confirmed by US Commerce Secretary Howard Lutnick during the signing of a bilateral trade deal between the US and the UK on Thursday. IAG, the parent company of British Airways, Iberia, and Aer Lingus, plans to purchase around 30 Boeing 787 Dreamliners as part of its fleet …