US EditionBritish Airways owner orders 53 Boeing and Airbus planes in bet on long-haul flying
- On Friday, International Airlines Group , the parent company of British Airways and Iberia, placed an order for 53 new aircraft from Boeing and Airbus, with the planes scheduled to be received between 2028 and 2033.
- This order followed the recent UK-US trade deal on Thursday that eased tariffs on aeroplane parts and other goods, prompting IAG to maintain confidence despite economic uncertainty.
- The purchase includes 32 Boeing 787-10 jets for British Airways, priced at $12.7 billion list value, and 21 Airbus planes costing $7.8 billion, with a third of aircraft for growth and the rest as replacements.
- IAG CEO Luis Gallego described the order as a significant achievement that will reinforce the company’s key regions of operation in the years ahead, while also highlighting continued strong demand for air travel despite ongoing economic uncertainties.
- The orders reflect IAG's ongoing growth after a strong first quarter with €176 million net profit, offer Boeing positive news amid past production and regulatory issues, and suggest reduced UK-US trade friction.
46 Articles
46 Articles
British Airways Owner to Order 53 Airbus and Boeing Long-Haul Planes
International Airlines Group (IAG), owner of British Airways and Aer Lingus, will place an order for 53 new Airbus and Boeing long-haul aircraft after reporting strong first-quarter results on Friday. The company said it will purchase 32 Boeing Co. 787-10 aircraft for British Airways and 21 Airbus SE A330neo planes, which may be assigned to IAG’s airline brands including Aer Lingus, Iberia, and Level. They are set to be delivered between 2028 to…
The owner of Iberia and British Airways launches to buy aircraft from Boeing and Airbus in the middle of a tariff battle
In the US, the airline sees a slowdown in the purchase of cheap airline tickets, while it sees "fortress" in the demand for flights in Europe and Latin AmericaAnother blow for Boeing: China rejects its aircraft for tariffs and Ryanair doubts the delivery dates International Airlines Group (IAG), owner of airlines such as Iberia, Vueling or British Airways, has presented its results in the first quarter of the year. A period of time marked by the…
Daily Journal
British Airways owner unveils big Boeing, Airbus order
IAG, owner of British Airways and Spanish carrier Iberia, announced Friday a multi-billion dollar order for Boeing and Airbus planes, as it maintained its outlook despite economic uncertainty.
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